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.