At a recent meeting of top finance executives, Jeff Henderson, Cardinal Health’s Chief Financial Officer, discussed the need for a renewed focus on addressing rising health care costs, particularly those in the private sector. According to CFO, who hosted the event, Henderson urged his colleagues to consider actions independent from reform legislation that can control costs and reduce waste.. To read the full article, click here.
In a letter to Majority Leader Harry Reid, the Congressional Budget Office (CBO) has estimated that the health reform package does not substantially differ from the prior analysis completed in December 2009. They project that the bill as passed by the Senate would yield a $118 billion net reduction in federal deficits over the next decade, compared to a net reduction of $132 billion projected by their previous estimate. (Click here to access the report.)
In his blog, Jack Lewin highlights the American College of Cardiology’s new advertisement calling for high quality and cost effective care. The advertisement is nonpartisan in nature and does not comment on any specific proposal. Click here to read the entry and view the advertisement.
In a Wall Street Journal editorial, Harvard professor David Cutler, analyzed the President’s health reform package and found it to have scored well in 6 of 10 areas. Further he projects the bill to save an estimated $600 billion over the next decade and more over twenty years. Click here to view article. (You must have a WSJ subscription to view full article).