CBO: health care inflation threatens personal income
Article Abstract:
The Congressional Budget Office has released statistics showing that health care costs are reducing personal income. Without controls, these costs will raise the federal deficit to $500 billion after the year 2000, and the number of uninsured people could rise to 40 million. Too much money is spent on non-useful procedures and too little is spent on prevention because health care costs are not really competitive. In addition, rising health costs put pressure on government budgets and distort the job market because employers hire part-time workers to avoid paying for insurance.
Publication Name: American Medical News
Subject: Health
ISSN: 0001-1843
Year: 1992
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Single-payer plan saves most: CBO report says proposal also would serve most people
Article Abstract:
The Congressional Budget Office has concluded that a single-payer health care system, administered entirely by the government, would be more effective in lowering costs and achieving universal insurance than any other system. Notably, both insurance reforms and malpractice reforms are seen to have little effect on costs. Rather, an effective system would combine spending goals, global hospital budgets and physician spending limits. The plan would keep total health cost increases to 4% in the year 2000, $67 billion less than the current system.
Publication Name: American Medical News
Subject: Health
ISSN: 0001-1843
Year: 1993
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Medicare to test new managed care models in urban, rural sites
Article Abstract:
Medicare is planning to begin a new pilot program, called Choices. The Choices program is designed to study the impact on HMO enrollment if senior citizens are offering an expanded choice of managed care plans and participating physicians. Twenty-five organizations are participating in the program, and many are physician-owned or provider-sponsored HMOs.
Publication Name: American Medical News
Subject: Health
ISSN: 0001-1843
Year: 1996
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