Thursday, June 04, 2009

Health Reform's Savings Myth:
Health-care costs grow at a faster rate than the economy by two percentage points per year. So it's true that if we could get them back in line with overall economic growth, government spending on health care would be so much lower than projected over time that long-term budget woes would ease.

Unfortunately, though many ideas are tossed around, no one really knows how to slow that cost growth.

Government rationing is the most probable end state.

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