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Healthcare experts propose $1 trillion in savings

The Hill, April 30, 2013
A bevy of healthcare experts released recommendations Monday for cost-conscious reforms to Medicare, Medicaid and private insurance they said could save $1 trillion over two decades. In a Brookings Institution study, the experts urge Washington to embrace small, consensus-driven policy moves to lower healthcare costs rather than wait for a major deficit-reduction deal. "The time to act on these proposals is now," study authors wrote. "It is time to put a sharp and direct focus on achieving both better health and cost savings." The paper, "Bending the Curve," outlined a series of reforms designed to reduce healthcare spending by improving care and promoting value-based payments.