Medicare-for-All: $60 Trillion First Ten Years

A new report estimates a single-payer health care system in the United States would cost between $54.6 and $60.7 trillion over the first 10 years.

Implementation of Medicare for All (M4A) would require enormous tax increases, report author Charles E. Blahous of the Mercatus Center concludes. Blahous states “the initial federal obligations would be in the ballpark of $10,000 annually per person. Even if M4A fully liberated Americans from all their current health care expenses, … a family of four might still strongly object to having to send an additional $40,000 to Washington each year on top of their current tax burdens.”