Editor’s note: Chris Pope responds to Senator Elizabeth Warren’s recently announced “Medicare for All” plan.
Senator Elizabeth Warren’s single-payer proposal would impose drastic cuts on American health care. We know for sure from watching Maryland, which already has government-set prices, that American hospitals would see revenues slashed by around 25%—likely forcing some facilities to cut back services and others to close entirely. A similar story would likely play out nationwide.
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Chris Pope is a senior fellow at the Manhattan Institute and author of a forthcoming report, Medicare For All in International Context: Lessons from Abroad for Comprehensive Health-Care Reform. Follow him on Twitter here.