Amid multiple Congressional investigations into drug pricing in the USA, and a febrile political atmosphere around the role of the state in insurance and pricing negotiations, the nonpartisan Congressional Budget Office (CBO) released a report into so-called “Medicare for all” on Thursday.
The US House Committee on Rules held its first hearing on proposed Medicare for all legislation earlier this week.
Much favored by Democrats towards the left of the political spectrum, including early Presidential front-runner Bernie Sanders, Medicare for all would involve the establishment of a single payer system, entailing substantial changes to the way Americans access healthcare, how much providers are paid, and who pays whom.
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