February 27, 2019
The concept of a single-payer health care system, in which government operates a tax-funded health insurance plan for all residents, has been a mainstay of political health care reform discussions for years. As Democrat Presidential hopefuls define their position relative to single-payer, progressive leaders of the Congressional Caucus advocating for “Medicare for All” introduced a sweeping overhaul of the our existing health care system. The plan would transition all Americans into a government-run, single-payer, universal Medicare program over two years, eliminating private insurance. This legislative proposal also calls for providing global budgets to all health care providers in order to contain costs. Global budgets prospectively set the amount of money that can be spent.
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