CNN - The economics of Medicare for All championed by Sen. Bernie Sanders are actually quite straightforward. Under what advocates call "M4A," health care coverage would expand while total spending on health care -- by companies, individuals and the government -- would decline because of lower costs. More would be paid through the government and less through private insurers.
M4A would reduce health care costs for three reasons. First, Medicare pays hospital and doctors at lower rates than private insurers. Second, drug prices would be lower. And third, there would be administrative savings...>>>
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