Keeping Health Care Costs in Check

Several leading consituents in the health care industry have offered to do their part to keep health care costs in check by offering to create $2 trillion in savings over the next 10 years by keeping projected rate increases in check over time.

The health care groups participating in this agreement include:  Hospitals, health insurance companies, drug companies, and doctors (listed below).  They plan to achieve the proposed savings will stem from realizing efficiencies in the health care system that will trim health care costs by 1.5% per year.

An important facet of this move by health care leaders is that President Obama picks up key allies that were major roadblocks to Bill Clinton’s atempt to overhaul the ailing health care system.

Health Care Industry Participants:  American Medical Association, The Pharmaceuticals Research and Manufacturers of America, America’s Health Insurance Plans, Service Employees International Union, American Hospital Association, Advance Medical Technology Association.

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