Anyway, companies are desperate for some brake on annual double-digit health care cost increases.
Yet the health care cost increases remained a sticking point for the union.
In 1974, the government set up a planning apparatus, advanced as a means to curtail health care cost inflation.
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Individuals will no longer be shielded from health care cost increases as they have been for the last 50 years.
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The widespread replacement of fee-for-service medicine with managed care led to a period of much lower health care cost growth.
We have worked hard since the passage of the Affordable Care Act in 2010 to lower health care cost growth.
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We would thus have bent the health care cost curve, that thing that politics is straining so mightily to do.
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But what has all this to do with bending the health care cost curve, however cheering the news itself is?
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It may well be true that in theory that health care cost curve can be bent by acting aggressively as a buyer.
We believe that the tools in health reform will help keep health care cost growth low while improving the value of care for consumers.
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Medicines to delay the onset of the disease, slow its progression and, yes, prevent it, can bend the federal health care cost curve downward.
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The only real way of bending that health care cost curve is to mechanise, to turn health care into a manufacture not a service.
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Ultimately, these costs are passed on to us all as health care cost growth is the number-one driver of increased federal spending and our deficits.
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With SmartSuite, Humana was able to keep health care cost inflation for its own Louisville employees to a low 4.9% increase versus an expected 19.2% hike.
All our steps to rein in the deficit will be for naught if we do not reduce the rate of health care cost growth over time.
The numbers illustrate the crucial truth that serious health care cost growth containment is the number one thing we can do to ensure our long-term fiscal health.
Pennsylvania has detailed price information on cardiac and joint replacement surgeries on its Health Care Cost Containment Council Web site, but the data are several years old.
After two years of slowing growth, the cost of every major category of care began to rise more quickly in 2011, according to a study by the Health Care Cost Institute.
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The overall savings in health care cost is 20%-25%.
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And given the fact that HSAs, and similar high deductible health insurance options, are about the only type of health coverage bending down the health care cost curve, they may even thrive.
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If you want to learn more about market-based solutions to our health care cost crisis, go to the National Center for Policy Analysis (ncpa.org) and read anything written by John Goodman, Ph.
The slowing of the rate of health care cost increases comes amid a sluggish economy and a period of high unemployment that has made it easier for companies to reduce benefits of their workers.
Fiscally-responsible health insurance reform that does not add a dime to our deficits and that reduces the rate of health care cost growth will help put our nation on a more sustainable, long-term trajectory.
And to put some scale on that, if General Motors, for example, had Toyota's wage structure or benefit structure or health care cost, that is roughly equal to five new products a year every year.
Pennsylvania, which requires the most extensive reporting of hospital-acquired infections, saw the annual rate for all infections drop 8 percent, according to the most recent figures available from the Pennsylvania Health Care Cost Containment Council.
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You keep providing analogies, in the US economy, to demonstrate your confidence in the free-market to decrease health care cost, but you completely ignore apple-to-apple comparison with countries like Norway or France or Germany or Switzerland (which has Obamacare like system).
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"I'm not sure the majority of the members of the U.S. Senate want to be out there defending the tobacco industry from at least paying their fair share of the health care cost and of health care coverage for children, " Kennedy said.
Health Care Cost Containment Initiative.
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And it turns out -- we were just talking about the budget -- about a third of our increase in health care cost is directly attributable to obesity and illnesses like diabetes that are entirely preventable and curable if folks got back into the same habits that our parents and our grandparents had.
The health care bill that I passed begins the process of trying to reduce the cost of health care, reforming the cost of health care by, for example, telling providers instead of having five tests that you charge for each one, have one test and email to the five specialists who may need the test. (Applause.) Start using electronic medical records.
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