Cost Containment Action Program

Author : Timothy P. Lesiewicz
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (778 download)

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Download or read book The U.S. Health Care Cost Conundrum written by Timothy P. Lesiewicz and published by . This book was released on 2011 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The signing of the Patient Protection and Afforadable Care Act (PPACA), on March 23, 2010, marked the beginning of a new chapter in U.S. health care policy. The landmark legislation became the most substantial piece of health reform since Medicare, mandating coverage for nearly all Americans, imposing new regulations on insurers to make insurance more affordable, and promising to reduce health care expenditures within the U.S. health care system. Although there are a myriad number of variables that contribute to the escalation of health care costs, my research focuses on the reform's cost-containment measures, and examines whether the measures will actually reduce health care expenditures. I identify three major cost-containment initiatives in the reform act: comparative effectiveness research, health information technology, and preventive measures. I then examine the efficacy of these measures by, first, analyzing the projected reduction in health care spending data as researched and calculated by the Congressional Budget Office, Urban Institute, and Robert Wood Foundation and, second, by comparing the breadth of each initiative to the impact of similar cost containment programs in other countries. Based on this two-fold analysis, I argue that while the PPACA's three cost containment initiatives have proven effective in other countries, their effectiveness in the U.S. is less likely, due largely to the initiatives not being as robust as their foreign counterparts"--Abstract.