Study finds New York state’s proposed single-payer system financially feasible

A proposed single-payer health care system in New York state is economically viable and could insure a million people currently without coverage, according to a study from RAND Corp. released Wednesday.

The analysis, which looks at the New York Health Act, was commissioned by the New York State Health Foundation. It makes a number of charitable assumptions about the institution and implementation of the single-payer system, but ultimately concludes the plan would be a cost-effective...