This report, prepared for the Vermont Agency of Administration, details the costs and coverage of a single-payer system in Vermont, and explained that the state must develop new financing mechanisms that raise $1.6 billion to fund single-payer. It was produced in partnership with Wakely Consulting Group Inc. However, on December 17, 2014, Gov. Peter Shumlin announced that "now is not the right time" to overhaul health care financing and delivery in Vermont.