Writing at The Nation, Mike Konczal of the Roosevelt Institute says that supporters of Medicare for All need to answer a $5 trillion question: How will they wring out savings from doctors, hospitals and drug companies?
Reducing payments to health care service providers would provide about 70 percent of the savings provided by a switch to Medicare for All.
Without those savings, the proposed universal system would end up costing more than the current system, though it would cover all of the population.