How to Reduce National Health Spending
The New England Journal of Medicine, last week, had an article by four RAND researchers on Controlling U.S. Health Care Spending. Using Massachusetts as a model to measure national effects, the authors estimated the potential range of impact for eight items. Of them, bundling payments appears to have the most promise, with savings potential of between 0.1% and 5.4%. They find that many items, such as health IT, could either increase or decrease national health spending (the range for Health IT is between a 1.5% reduction and a 0.8% increase).
Thanks to Donald Marron and Bruce Bartlett for pointing this out.
