Will this new system save Washington State residents money?


Yes! In 2019, we are projected to spend nearly $80 billion on healthcare in Washington State alone under our current system. According to Dr. Gerald Friedman’s economic analysis, a universal public health trust covering all essential health benefits will cost less than $70 billion, a savings of more than $9 BILLION in healthcare costs for Washington state residents, even accounting for costs related to expanding and improving coverage. The public health trust saves on every aspect of public and private funded healthcare administration, resulting in more than $9 Billion in savings on the cost of the current care being provided. As a result, the public health trust has more money to fund healthcare access. Providers can expect to spend 10% less time on administration, and we can all spend less on drug prices and fraud.

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  • published this page in FAQs 2018-02-25 21:23:30 -0800