BPC report identifies health care cost drivers
Posted on September 21, 2012 | No Comments
The Bipartisan Policy Center (BPC) recently published a report that explores the primary drivers of health costs in the U.S. The report found that costs will increase in the coming years due to drivers such as population growth, utilization and intensity of health care services, and increasing prices. According to the report’s authors, the Affordable Care Act’s (ACA’s) provisions to expand insurance coverage, create pilot programs to control costs, and engage in comparative effectiveness research will not be enough to bring health care costs under control.
BPC’s Health Care Cost Containment Initiative plans to issue recommendations early next year to address these drivers. The Initiative is led by former Senate Majority Leaders Tom Daschle and Bill Frist, former Senator Pete Domenici and former Congressional Budget Office Director Dr. Alice Rivlin.