Orzag: Bending health care cost curve may take decades

Associated Press:

The White House budget director said Wednesday that it may take decades for America to have an efficient health care system even if Congress passes a major overhaul this year.

“It will be years to decades” before the nation has a properly working health care system that rewards quality over quantity, Peter Orszag told reporters.

Yes, because as we know from Medicare nearly 45 years later, government health programs get cheaper and more efficient over time. Also, the CBO concluded this week that even with the Democrats' health care “reforms”, insurance premiums will continue to rise at a “status quo” of 5 to 6 percent per year for 83 percent of Americans.

Anyone in Congress care to take a crack at a more immediate solution to bringing health care costs down? Anyone?

Beltway ConfidentialUS

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

San Francisco leaders argue that plans to develop housing in the region’s transit-heavy urban areas are at odds with goals to increase equity for people of color.
SF officials fear regional housing strategy could increase displacement of people of color

Equity and climate goals at odds in plan that concentrates development in transit-rich urban areas

The San Francisco Municipal Transportation Authority cut most of its bus service last year due to the pandemic, and has been slow to bring it back due to budget concerns and low ridership. (Samantha Laurey/ Special to S.F. Examiner)
Supes urge SFMTA to expedite restoration of Muni lines

Resolution emphasizes focus on seniors, individuals with disabilities and community routes

San Francisco Police Chief Bill Scott listens at a rally to commemorate the life of George Floyd and others killed by police outside City Hall on Monday, June 1, 2020. (Kevin N. Hume/S.F. Examiner)
Will the Biden Administration help SF speed up police reform?

City has struggled to implement changes without federal oversight

Reports say that the number of American visitors to Mexico’s Quintana Roo, where Tulum and Cancun are located, increased by 23 percent between 2019 and 2020. (Shutterstock)
Stop going to Mexico

Travel during pandemic is ‘vacation colonialism’

Snow covering the mountains surrounding Lake Tahoe appeals to skiers and snowshoers. (Matt Johanson/Special to S.F. Examiner)
Winter Wisdom: 50 lessons in 50 years, Part 1

Series offers tips for adventurers seeking enjoyment in nature

Most Read