Charles Blahous puts a price on Sanders’s proposed legislation in “The Costs of a National Single-Payer Healthcare System.” These are his key findings.
- M4A Would Place Unprecedented Strain on the Federal Budget
By conservative estimates, this legislation would have the following effects:
- M4A would add approximately $32.6 trillion to federal budget commitments during the first 10 years of its implementation (2022–2031).
- This projected increase in federal healthcare commitments would equal approximately 10.7 percent of GDP in 2022. This amount would rise to nearly 12.7 percent of GDP in 2031 and continue to rise thereafter.
These estimates are conservative because they assume the legislation achieves its sponsors’ goals of dramatically reducing payments to health providers, in addition to substantially reducing drug prices and administrative costs.