It is an oft repeated claim that there are hundreds of billions of dollars of waste in the health system, which if limited or removed would greatly relieve financial pressure on public budgets, companies and individuals. A Thomson Reuters report gives its view on where the waste is and how it can prevented.
The Administration has been caught again in how misleading its arguments in favor of the “reform” law were; this time in regard to how many employer-sponsored health plans will have to change as a result of the bill.
Two federal budget experts examine CBO’s final analysis of the deficit effect of the health reform bill as passed and find that it is very likely that instead of a small amount of deficit reduction over the next decade, it will likely to add to an already desperate federal fiscal crisis.
One theory for improving the health care system is to rely on more-informed and engaged consumers to help improve decision-making about treatment options. A recent Health Affairs article suggests there is a long way to go on this goal.