The Equity Effect of Universal Health Care: A Guide to Reducing Income and Wealth Gaps through Public Health Care Financing

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Publication Date: 
October, 2019

This issue brief explains why universal, publicly financed health care is not just essential for guaranteeing health care: financing our health care system publicly through taxes instead of private insuranceĀ is also an essential way to reduce economic inequality. The brief discusses how income, payroll, wealth, and consumption can be structured progressively according to households' and businesses' means, summarizes financing approaches for Medicare for All and state-level universal health care legislation, and additional strategies for structuring universal health care legislation to assist workers, low- and middle-income families, and small businesses.

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