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kottke.org
@kottke.org

Yale study: “A single-payer universal health care system could cover every American, save more than 100,000 lives a year, and still cost $1 trillion less than the system it would replace.” [ysph.yale.edu]

ysph.yale.eduUniversal Health Coverage Could Save $1 Trillion and 114,000 Lives Every Year, Yale Study ProjectsHealthcare costs have been rising faster than inflation, and a staggering share of that spending is consumed by administrative middlemen, soaring drug prices, and emergency care for conditions that should have been treated earlier and for less.

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Aaron Pik
@aaronpik.bsky.social

This study notes some savings offsets relating to loss of administrative jobs (presumably at insurance payors and the like), but I submit that removing the hurdle of providing health insurance would allow small businesses to grow and allow more people to start new small businesses.

Aaron Pik
@aaronpik.bsky.social

Another related outcome would be for smaller-scale family farms: Lots of farmers hold other jobs, like at warehouses or distribution centers, just to get health insurance.

Katie Cannon
@katiecannon.bsky.social

Single payer replaces bank lending (medical debt) with government spending Saves money by getting rid of two middlemen: Insurance companies & banks. So has a deflationary bias.