Commentary: A Modest Proposal for Controlling Healthcare Costs
The most controversial part of the bid proposal is how much money "X" dollars would represent. Fiscal conservatives might want to use a comparatively low number such as the amount designated in the federal government Health and Human Services 2004 budget. Others may be concerned that the level of care would be diminished by too low of a number and may want to freeze the 2010 budget number for five years.
The budget number chosen will necessarily be the result of negotiation, meaning a middle ground number, which is a good thing. What is important is the fact that this model will work regardless of the budget amount that is used. Likewise, this model will work in the existing environment, but will also work if the country continues down the healthcare reform path articulated in the Affordable Care Act.
- As Medicare Advantage Cuts Loom, Disagreement Over Program's Stability
- Medicare Advantage Carriers See 'No Choice' But to Accept Cuts
- 3 Management Lessons from a Supermarket Debacle
- Physicians to Appeal 'Docs v. Glocks' Ruling in FL
- Centralizing the Revenue Cycle Protects the Bottom Line
- CA Fines 8 Hospitals for Medical Errors
- Revenue Cycles Get a Boost from Simple JPEG Files
- Doctors Feel Pressure to Accept Risk-based Reimbursement
- Employers Weigh Risks, Benefits of Private Exchanges
- IOM Identifies GME Problems, Calls for Finance Changes