A single-payer health care plan could expand coverage for all New York State residents, but would require significant new tax revenue, according to an analysis released by the RAND Corporation and the New York State Health Foundation.
RAND’s analysis finds that a plan outlined by the New York Health Act, which is under consideration by the New York State Legislature, is likely to increase use of health services as more people receive coverage. But the study also finds that overall health care costs would decrease slightly over time if administrative costs are reduced and state officials slow the growth of payments to health care providers.
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