A plan to lower healthcare costs by $2 trillion over the next decade has been proposed by the nation’s largest medical trade groups. They have jointly pledged to enact measures designed to lower overall costs.
Major medical trade groups are to meet in Washington with President Barack Obama to affirm their support for a plan which will reform healthcare in this country. Their privately developed plan will mirror the one currently being put forth by the government.
A senior official at the White House said the pending meeting could have major positive consequenses that will affect the debate on healthcare. The need to curb cost growth must be addressed, and it seems like it will be with this gathering.
The providers would agree to bundled payments for services along with more coordination of care. This would begin on the private side, but there are plans to adjust Medicare in a similar way within the Presidents proposal.
These trade groups have projected a annual spending decrease with the more streamlined and efficient care being given. They are projecting a $2400 reduction for a family of four five years from now, and nationwide a reduction of 3% for all healthcare expenses in 10 years.
If you would like to make a comment, please fill out the form below.
