Health Insurance

$24 billion for single payer in Maryland sounds like a lot — until you consider how much we spend now

$24 billion for single payer in Maryland sounds like a lot — until you consider how much we spend now

You can feel the glee radiating from Gov. Larry Hogan’s re-election campaign at The Sun’s report Tuesday on a Department of Legislative Services estimate of what it would cost to implement a Maryland single-payer health care plan like the one Democrat Ben Jealous is proposing in this year’s election. The grand total — about $24 billion in new state spending, which is more than half of the entire existing state budget — sounds like an enormous amount of money, and it fits right in with the Hogan campaign’s efforts to paint Mr. Jealous as a wild-eyed tax-and-spend liberal, if not outright socialist.

But even if we assume $24 billion is an accurate estimate — and we should note that...

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