A Brookings Institution blog post by a UMass Medical School professor about Vermont’s plan to adopt a single-payer system features a report created by health care policy experts from UMMS’ Center for Health Law and Economics (CHLE).
Darshak Sanghavi, a fellow and managing director of Brookings’ Engelberg Center for Health Care Reform and an associate professor of pediatrics at UMass Medical School, summarizes the CHLE report’s financial estimates in the Jan. 22 blog post; Can Canadian-Style Healthcare Work in America? Vermont Thinks So.
The CHLE report, State of Vermont Health Care Financing Plan Beginning Calendar Year 2017, says Vermont will need to develop new financing mechanisms that raise $1.6 billion to fund a single payer system in 2017. The new figure is $285 million less than the $1.9 billion that Vermont employers and individuals would contribute through their health care premiums in 2017 without reform.
The report was produced for the Vermont Agency of Administration by a team from CHLE within the Commonwealth Medicine division of UMass Medical School, and Wakely Consulting Group Inc. The UMMS authors included Katharine London, MS; Michael G. Grenier, MPA; Robert Seifert, MPA; and Thomas Friedman, MPA. The Wakely Consulting Group authors included Julie Peper, FSA, MAAA; Julia Lambert, FSA; MAAA, David Neiman, FSA, MAAA; and Crystal Bradley, ASA, MAAA.
Read the full blog post at: Brookings Institution: Can Canadian-Style Healthcare Work in America? Vermont Thinks So.