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Medicare-for-All Costs Less

The United States spends nearly 18 percent of our GDP on health care, far more than any other comparable country. That’s more than $9,000 per person, nearly three times the average for other wealthy countries. Our system includes many expenses that single-payer systems just don’t have, including the cost of all the insurer-created red tape that ties up providers and patients. In fact, nearly one-third of health care spending in the U.S. is for administrative costs. 

Medicare-for-All would allow the government to bargain on behalf of of the American people and bring down the price of health care, including prescription drugs. By getting rid of the many middlemen in the health care system, Medicare-for-All also would significantly reduce administrative waste. Medicare-for-All also woudl eliminate the need for costly advertising, another area of significant waste.