Daily Archives: December 3, 2018

A team of economists from the UMass Amherst Political Economy Research Institute (PERI) has found that the Medicare for All Act of 2017, introduced to the United States Senate by Senator Bernie Sanders, could actually reduce health consumption expenditures by about 9.6 percent while also providing decent health care coverage for all Americans.

There is national news coverage about a team of economists from the UMass Amherst Political Economy Research Institute (PERI) that has found that the Medicare for All Act of 2017, introduced to the United States Senate by Senator Bernie Sanders, is not only economically viable, but could actually reduce health consumption expenditures by about 9.6 percent while also providing decent health care coverage for all Americans. In a nearly 200-page report released at the Sanders Institute Gathering, the first major event hosted by the think tank founded by Jane O’Meara Sanders and David Driscoll, the senator’s wife and son, the economists outline seven major aspects of transforming the U.S. health care system, detailing step-by-step the actions needed to be taken to achieve truly universal health care and its potential impacts on individuals, families, businesses and government. The analysis, which was in development for 18 months, has received praise from 11 distinguished experts in the fields of economics and health care studies who have rigorously reviewed the researchers’ findings. (Seattle Post-Intelligencer [from AP], Commondreams.org, WCAX-TV 3 [Vt.], Republican, 11/30/18; News Office release)