This estimate assumes that Medicare for all will pay all medical providers the same amounts Medicare pays now. This estimate assumes that Medicare for all would need to pay all medical providers higher rates than Medicare pays them now. Under a Medicare for all system, Medicare would pick up all the bills. For a Medicare for all system to save money, it needs to reduce the health care industry’s income somewhat. Right now, the health care system is complicated, with lots of different payers and ways to negotiate prices and bill for services.

Source: New York Times April 10, 2019 09:01 UTC