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June, 1991 General Accounting Office“If the US were to shift to a system of universal coverage and a single payer, as in Canada, the savings in administrative costs (10 percent of health spending) would be more than enough to offset the expense of universal coverage”
http://archive.gao.gov/d20t9/144039.pdf December, 1991 Congressional Budget Office“If the nation adopted…(a) single-payer system that paid providers at Medicare’s rates, the population that is currently uninsured could be covered without dramatically increasing national spending on health. In fact, all US residents might be covered by health insurance for roughly the current level of spending or even somewhat less, because of savings in administrative costs and lower payment rates for services used by the privately insured."
http://www.cbo.gov/ftpdocs/76xx/doc7652/91-CBO-039.pdf April, 1993 Congressional Budget Office“Under a single payer system with co-payments …on average, people would have an additional $54 to spend…more specifically, the increase in taxes… would be about $856 per capita…private-sector costs would decrease by $910 per capita.
The net cost of achieving universal insurance coverage under this single payer system would be negative.”
http://www.cbo.gov/ftpdocs/64xx/doc6442/93doc171.pdf More here: http://www.pnhp.org/facts/single_payer_system_cost.php
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