One path to financing Medicare For All, including the option of a 4% income-based premium on taxpayers above $29,000 in income (starting just above the federal poverty line).
| Revenue Source | Amount per year (in billions) |
|---|---|
| 7.5% income-based employer premium, instead of insurance | $390 |
| 4% income-based premium paid by households, instead of insurance | $350 |
| Eliminating current tax subsidies for health care coverage | $420 |
| Total | $1,160 |
