On May 26, Vermont Governor Peter Shumlin signed into law a plan that will give the Green Mountain State the nation’s first single payer system. To be implemented in stages, the government-administered system offers a uniform benefits package to all 620,000 Vermonters.
“It will produce savings of 24.3 percent of total health care expenditures between 2015 and 2024,” according to Harvard economist William Hsiao, who guided Vermont legislators in drafting the historic legislation.
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