Healthcare overhaul could save money and boost jobs, researchers say

Los Angeles Times, January 8, 2010

National healthcare legislation in Congress could slow the growth of medical costs, allowing employers to create 250,000 to 400,000 new jobs a year over the next decade, economists from Harvard University and USC are predicting. Researchers from the two universities say that the reforms under consideration would slow the rate of cost increases and free up money for companies to raise wages and hire more workers. Specifically, healthcare savings could be achieved through proposals for greater competition in insurance markets, better coordination of care, and shrinking administrative expenses, they said in a report.