Sanders Targets Health Industry’ Profits. Are His Figures Right?

  [khn_slabs slabs="1040132" view="inline" /] At the January Democratic debate, Vermont Sen. Bernie Sanders zeroed in on the question of profits in the health care industry. Under “Medicare for All,” he said, “We end the $100 billion a year that the health care industry makes.” [partner-box]It’s a huge number, and one that Sanders has cited before. So we decided to look closer. The Math The Sanders campaign shared its math, and it’s comprehensive.  The $100 billion total comes from adding the 2018 net revenues — as disclosed by the companies — for 10 pharmaceutical companies and 10 companies that work in health insurance.  We redid the numbers. S...

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