A study published in The Lancet medical journal found that $450 billion would be saved every year if the United States converted to a single-payer, Medicare for All healthcare system. It also concluded that lower income families would greatly benefit from a single-payer system. Eliminating the current reality of profit over people, is another significantly positive factor.
Medicare For All Would Save $450 Billion Annually While Preventing 68,000 Deaths, New Study Shows by Jason Lemon, Newsweek
The Lancet Report, Improving the Prognosis of Health Care in the USA by Prof Alison P Galvani, PhD , Alyssa S Parpia, MPH, Eric M Foster, Burton H Singer, PhD, Meagan C Fitzpatrick, PhD