“Universal Health Care Could Have saved more than 330,000 U.S. lives” reads the title of a new study reported in Scientific American. The report quotes lead author Alison Galvani, director of the Center for Infectious Disease Modeling and Analysis at the Yale School of Public Health,“Medicare for All would be both an economic stimulus and life-saving transformation of our health care system. It will cost people far less than the status quo.”
The report on the study states, “the U.S. also could have saved $105.6 billion in health care costs associated with hospitalizations from the disease—on top of the estimated $438 billion that could be saved in a non-pandemic year…. They found that a single-payer health care system would generate savings in three ways: more efficient investment in preventative care, lowered administrative costs, and increased negotiating power for pharmaceuticals, equipment, and fees.”
As a final quote, “Galvani says the message that comes out of the new study is clear: ‘Universal single-payer health care is both economically responsible and morally imperative.’” Read the full Report.