California Single-Payer Dreaming

But even paradise has a price. The Senate committee pegged its bill’s cost at $400 billion a year, which is likely conservative since analysts assume utilization rates close to those for Medicaid in which patients lack access to many specialists. About $200 billion could be re-allocated from other government health-care programs including Medicaid and Medicare, though this would require federal waivers. The rest would require higher taxes. The Wall Street Journal