Table: Projected Economic Effect of Four Universal Health Care Alternatives

Published January 1, 2002
Projected Economic Effect
Four Universal Health Care Alternatives
Proposal Loss of Jobs Loss in
Payroll Taxes
(billions)
Tax Increase
Effect
Increase in
Personal Income Tax
Medicaid expansion 30,618 $1.274 $78 23%
Pooling the uninsured 61,488 $2.558 $187 46%
Multi-payer system 54,188 $2.255 $127 13%
Single-payer system 117,531 $4.890 $746 33%
Source: Beacon Hill Institute, November 2001