Tuesday, November 10, 2009

Worries about costs

The New York Times on worries that reform bills are mostly expanding coverage but not necessarily set up to slow down costs. The House bill, in particular is a problem in this area. One of the biggest problems is adding a new source of money (income tax increases) into a system that is now unsustainable due to costs. The Senate hi cost tax on health plans is a more responsible approach, but still far from ideal as I wrote recently here.

Here are three ideas that would introduce savings to the system. Senator Collins, like any of these? In the end, the biggest barrier to actually reducing costs is us--consumers.

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