A new study has found that Medicare for All could be a great alternative to America’s current healthcare system. On the 15th of February, Senator Bernie Sanders applauded the study recently released in The Lancet, a peer-reviewed medical journal. The study found that Medicare for all could save Americans up to $450 billion and save the lives of 68,000 people a year who would otherwise die from preventable conditions. The study states that Medicare for all works by replacing premiums, deductibles, co-payments and out of pocket costs with a new tax system, which contrary to belief, will actually save the average American family thousands of dollars. Low-income households will also be relieved of much financial pressure.
Katie Kieth, a research faculty member for Georgetown University’s Centre on Health Insurance Reforms spoke to Healthline saying, “under the Sanders and Jayapal bills, there would be virtually no out-of-pocket costs for healthcare-related expenses. The bills would prohibit deductibles, coinsurance, co-pays, and surprise medical bills for healthcare services and items covered under Medicare for All.” Keith discussed the outcome of this plan saying “This would be a brand new, very ambitious program that would require a lot of changes in the way healthcare is paid for in the United States. There are likely to be at least some unintended consequences and other costs in the form of higher taxes, at least for some people.” But overall Keith agreed that Medicare for All if played out the way it is intended to, could result in people being protected from high and surprise bills.
I believe that Medicare for All is so likely to improve the quality of life for millions of people, and there is always information and studies like this one coming out and confirming the benefits of such a system. A study in PLOS Medicine journal showed that 19 out of 22 studies have shown that Medicare for All will work. It will not just be the lives of patients that will be improved; hospitals will save time and money under this new system. Finally, the lives of patients and the functionality of hospitals and healthcare could be prioritized over profits. Much of the international community has commented on the current system in place with shock, as medical expenses faced by Americans have been shared on social media. It is countries outside of America that wish to see a better system in place just as much as Americans do. I believe that medical care should always put people first. No one should have to go without healthcare simply because they cannot afford it.
Healthline reported that 27.5 million Americans do not have healthcare insurance, and 45% of those uninsured adults said that the reason they remain uninsured is because of the high cost of coverage. So the problem is undeniable. With the projected 68,000 people’s lives able to be saved, and the quality of lives for millions being able to be improved, I think that this brave plan is worth delving into.
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