Orszag on health care reform
Office of Management and Budget Director Peter Orszag delivers the Obama administration's health-care reform sales pitch in a Washington Post op-ed today by focusing on the economic impact of the efforts.
"If we do nothing to slow the skyrocketing cost of health care, the federal government will eventually be spending more on Medicare and Medicaid than all other government programs combined," Orszag writes. "It's time to move toward the high-quality, lower-cost health system of the future, and the reforms under discussion in the House and Senate will put us firmly on that path."
He notes that the Congressional Budget Office (his former employer) determined that the House health-care reform bill would reduce the deficit by $109 billion over the first decade "and potentially by more than that over the second." The Senate version would reduce the deficit by $130 billion in the first decade and by more than half a trillion dollars in the next decade, Orszag writes.
"This assessment is based on hard, tangible savings -- not on the harder-to-quantify, yet very real steps that hold the most promise of transforming health care and bringing down the rate of cost growth over time," he notes.
As we enter the homestretch, the greatest risk we run is not completing health reform and letting this chance to lay a new foundation for our economy and our country pass us by. We have the building blocks to construct a health-care system that provides the highest quality of care while embodying a process of continuous improvement -- a leap forward for the health of Americans and the fiscal health of the entire nation.
Read Orszag's full Post op-ed here.
| November 20, 2009; 10:00 AM ET
Categories: FY-Eye, From The Pages of The Post, Health Care
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Posted by: moonstream1 | November 20, 2009 9:32 PM | Report abuse
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