Options for Achieving Savings and Improving Value in US Health Spending
The Commonwealth Fund released a report on 12/18/07 noting that US health spending is projected to increase from 16% of the GDP in 2006 to 20% in 2016, i.e. from $2 trillion to $4 trillion. The report examined 15 federal policy options that could lower health spending and identified four major goals: Produce and use better information for health care decision-making; promote health and enhance disease prevention; align financial incentives with quality and efficiency; and correct price signals in health care markets. If implemented along with universal health insurance, a combination of selected options could save $1.5 trillion in national health care expenditures over 10 years, while improving value in terms of access, quality, and health care outcomes. The report is available online.
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