War of the Wonks
The U.S. can cut health-care spending by $250 billion a year within a decade, a congressionally chartered panel will say this month in a bid to show costs can be contained even if all Americans are insured.
A report from the Institute of Medicine, which advises the federal government on health care, will counter “stingy” estimates from the Congressional Budget Office, said Arnold Milstein, planning chairman of the institute’s working group on health costs. The panel’s annual figure is five times the amount the budget office says the U.S. will save under a bill in the House of Representatives, according to the budget office’s July 17 letter to House Ways and Means Committee chairman Charles Rangel.
A preliminary version of the report will be released Sept. 20. I'm still a bit confused on the precise constituency for this kind of thing -- most of the politicians lambasting health-care reform today voted for the similarly-pricey Medicare Prescription Drug Benefit under Bush, and funded it on the deficit -- but I guess it can't hurt.
Posted by: rmgregory | September 15, 2009 11:56 AM | Report abuse
Posted by: eRobin1 | September 15, 2009 11:57 AM | Report abuse
Posted by: slantedview | September 15, 2009 12:31 PM | Report abuse
Posted by: ThomasEN | September 15, 2009 12:42 PM | Report abuse
Posted by: HalHorvath | September 15, 2009 1:17 PM | Report abuse
Posted by: bmull | September 15, 2009 2:03 PM | Report abuse
Posted by: VirginiaIndependent | September 15, 2009 4:55 PM | Report abuse
The comments to this entry are closed.