"I suspect that that is
not what the Koch brothers intended to do, but that is what's in the study of
the Mercatus Center."
After a study by
the Koch Brothers-funded Mercatus Center that was clearly
designedas a deceptive attack on Medicare for All inadvertently bolstered
the economic case for single-payer—which is rapidly
growing in popularity among the public and U.S.
lawmakers—Sen. Bernie Sanders (I-Vt.) on Monday released a video thanking
Charles and David Koch for backing an analysis showing that his plan for
universal coverage would save $2 trillion over ten years.
"Let me thank the Koch
brothers, of all people, for sponsoring a study that shows that Medicare for
All would save the American people $2 trillion dollars," Sanders said.
"I suspect that that is not what the Koch brothers intended to do, but
that is what's in the study of the Mercatus Center."
"At a time when the
United States spends far more per capita on healthcare than any other country
on Earth, almost 18 percent of our GDP, a Medicare for All healthcare system
would save the average family significant sums of money," the Vermont
senator added.
Watch:
Speaking to The Intercept on
Monday, health policy experts and co-founders of Physicians for a National Health
Program (PNHP) David Himmelstein and Steffie Woolhandler argued that
even the "whopping" $2 trillion in savings projected by the
Koch-backed study vastly overstates the costs of implementing Medicare for All
and "grossly" understates the savings that would result.
"The Mercatus Center's
estimate of the cost of implementing Sen. Bernie Sanders' Medicare for All Act
projects outlandish increases in the utilization of medical care, ignores vast
savings under single-payer reform, and fails to even mention the extensive and
well-documented evidence on single-payer systems in other nations—which all
spend far less per person on health care than we do," Himmelstein and
Woolhandler said.
According to an analysis by
David Himmelstein and Steffie Woolhandler viewed by The Intercept's Ryan
Grim and Zaid Jilani, the Mercatus Center's "report undercounts
administrative savings by more than $8.3 trillion over 10 years. Taking those
savings into account would lower Blahous's estimate from $32.6 trillion to
$24.3 trillion."
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