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UMass Economics

Report by Gerald Friedman for state lawmakers in NY says a universal health care bill will save taxpayers $45 billion per year

A single-payer or universal health plan would save New Yorkers $45 billion a year in health-care expenditures, according to a study released Tuesday by a University of Massachusetts at Amherst professor.

If such a taxpayer-supported health plan were enacted, 98 percent of New York households would pay less than they do now and 200,000 jobs would be created due to the savings accrued by business, according to Gerald Friedman, chair of the Economics Department at UMass Amherst.  (From Times Union, Albany, 3-10-15, Claire Hughes)

Read more:  Times Union [Albany], Buffalo Business First