And the tax means that medical devices will be more expensive, driving up health cost even further.
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The United States must find a way to address its health cost crisis.
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The cost-lowering potential of direct-payment practices is heartening because the current third-party payment system has failed to stem our burgeoning health cost crisis.
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David Whelan, other Forbes contributors, and I will be debating how severe the health cost crisis is, and what should be done about it.
My understanding is that the White House's position has always been that it favours a public option, thinks a public option is a good idea, wants to see a public option in a bill, and also wants to sign a health reform bill that passes congress, covers the uninsured, and reduces long-run health cost inflation relative to current baseline projections.
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.
"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.
The only real way of bending that health care cost curve is to mechanise, to turn health care into a manufacture not a service.
FORBES: Why Health Care Will Just Keep Getting More Expensive
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.
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.
FORBES: Growth In Health Care Costs Slowest In 50 Years- But Is It Good News?
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.
This rule tells us that an enormous amount of the health system cost is centered in a very concentrated group of people.
Keeping patients healthy or on their medications and diets is a key to improving results both individual health and cost containment.
FORBES: In Managed Care, Data Plus Integration Plus Rules Equals Information
We believe that the tools in health reform will help keep health care cost growth low while improving the value of care for consumers.
FORBES: Growth In Health Care Costs Slowest In 50 Years- But Is It Good News?
Medicines to delay the onset of the disease, slow its progression and, yes, prevent it, can bend the federal health care cost curve downward.
FORBES: Merck CEO: Health Care Beyond the Fiscal Cliff Requires Structural Changes
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.
FORBES: To Bring Healthcare Prices Down, Consumers Must Demand Price Transparency
Was it, I wondered, health, cost a combination or something else?
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All of this health insurance cost chaos will just further feed the labor market chaos that is already starting as the darkening cloud of Obamacare approaches.
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 state has set up an insurance clearing-house with subsidised products in the hope of reining in health-cost inflation, but costs look set to soar again this year.
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.
FORBES: What's The Matter With California's Sick Health Insurance Market?
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