“AIDS Healthcare Foundation heartily endorses Senator Sanders’ reintroduction of a Medicare For All bill and thank him for introducing this updated version of such critical, potentially lifesaving legislation,” said Michael Weinstein, President of AHF. “The Medicare for All bill would guarantee health care as a human right for anyone living in the United States. Right now, drug and insurance companies are enriching themselves at the expense of sick Americans and are blocking any meaningful reform. Medicare For All will pay for itself by driving down the cost of prescription medicine and eliminating the absurd inefficiencies and administrative waste in our current dysfunctional system. It’s more than time that we provided Medicare For All to all Americans.”
We need M4A in some form to assure universal coverage, beyond that the claims you are hearing are hogwash. It will not pay for itself in any way whatsoever. It will require significant new income, payroll or consumption taxes or some combination of all.