How is it possible for the single payer, universal health care system proposed by this Act to expand benefits yet save money? What data do you have to support this claim?
All studies on single payer, universal health care predict savings. No studies predict increased costs. For example, the State of Connecticut Office Of Health Care Access studied the impact of the health care insurance system this Act would create on Connecticut in 1992 and predicted this system would save over 2 billion dollars in total health care expenses in 1999 despite providing comprehensive health care benefits to the entire population. This finding was re-confirmed in both the 1995 report of the Connecticut Office of Health Care Access, and by the 1999 study of the Massachusetts Medical Society, which showed savings of 1.7 to 2.7 billion dollars per year if this system were enacted in Massachusetts. Studies (1990) of the Act’s proposed health insurance system at the Federal level, conducted by the General Accounting Office and the Congressional Budget Office, both predict savings of 100 billion to 200 billion dollars if this system were to be enacted throughout the United State
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