He told the experts at the health forum - including doctors, nurses, insurance professionals and lawmakers - there would be no "sacred cows" in the discussions.
Increasingly, health-care professionals are being hired by hospitals and insurance companies to consult or assist remotely.
What the president did was to save money by taking the recommendations of a commission of professionals to cut unwarranted subsidies to providers and insurance companies that were not making people healthier and were not necessary to get the providers to provide the service.
Whether incorporated or not, if you're an architect, engineer or one of dozens of other professionals, you really should buy errors and omissions insurance.
For years, CPAs have been referring business to financial planners and insurance agents, and in the past ten years there has been a trend to bring those professionals in-house instead of referring this business away from their firms.
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Hospitals and the insurance industry can help by dismantling a destructive pricing and billing system that confuses consumers and discourages professionals from providing primary care.
One such, Guru, hopes to create a community of independent professionals and help them to do everything from finding jobs to getting cheap insurance.
Instead, like some shelters sold recently to other high-income professionals and owners of small businesses, they merely stretch existing tax breaks for insurance, employee benefits and even charity.
Following a morning of meetings with health professionals, Obama said that insurance premiums have doubled in U.S. households and that out-of-pocket costs have increased by one-third over the last decade.
Insurance agents who are not also licensed securities professionals do not have the training and have not demonstrated the expertise necessary to determine the suitability of liquidating securities products to fund the purchase of an insurance product.
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The analysis of physician pay by the Medical Group Management Association indicates a greater shift to lower-cost primary care as employers, insurance companies and government health programs try to provide financial incentives to health professionals who work in outpatient care settings.
"There is a dramatic upswing in hiring professionals at a high level, " said the attorney, whose clients include media, banking and insurance companies.
In effect, this meant improving on an insurance company's actuaries guesses at what people might spend on health care by superimposing the medical professionals and protocols that could control it.
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