Just a moment. And bond yields rose t a near fouryear high and that was enough to batter stocks. Falling the most since august. The Dow Jones Industrial averag dropped362 points to 26,076. The nasdaq was off 64. S p 500 was down 31. Babb pass any has more on todays selloff from the new york stock he can change. The steep selloff continued today on wall street bringing the dow down 4100s after session lows. We havent seen that for a long time. Energy sem i conductors, industrials, key economic benchmarks wdae all down toy. Whats going on . Er there are s risks to the market right now. Call it a stew. Ri ng Interest Rates continue to be a big story. Bond yields are hovering aund fouryear highs. And with a potentially more aggressivehi Federal Reserve year, investors are starting to get a little bit nervous. Second there is the earngs question. Some would argue that the acceleration in Earnings Growth thatowered the markets higher will slow down the market next year. Finally sentiment lel
Playing hockey. He is not able to join us. Mike will cover some of the points he was going to make. Why theres a call to action to increase value in our Health Care System. Ill start first by introducing each panelist and sit down, and then go on. So ill start with mike, who is one of the nations most highly regarded economists. Really what distinguishes mike, not only is he broil yant on the theory and research. Probably more than any other economist, he understands how markets work. And he leads much of the Health Care Policy work coming out of harvard medical school, he also sits on harvards benefits committee, where he learns firsthand why markets are not always efficient. Is that fair to say . He also serves on cbos panel of health advisers. A member of the Massachusetts Health connecter board of directors and vice chair of medpac. We have the fortune of having him serve on our advisory board. Hes one of the pioneers of value based insurance design. And the go to researcher for me
Administration, cash sunscene, talked about his new book. Representatives from twitter, facebook and google testified before congress tuesday. As to russias influence on the 2016 elections. On wednesday, two hearings, live on cspan3, 9 30 achl eastern the Senate Intelligence committee. At 2 p. M. , hear testimony from sean edgette of twitter and kent and walker, general counsel for google. Watch them live, online or listen live on the free cspan radio app. A panel of healthcare policy officials shared their views on lowering costs while trying to maintain quality. Topics included changes in payment models and transitioning from a fee for service to a valuebased reimbursement system. This was hosted foundation. Good afternoon. So wed like to go ahead and get started. Im nancy chalkly. Im delighted to welcome you here today. We have an incredible panel of business and policy leaders. They come at the problems from different perspective. But one unifying theme between all of them is their
Committee. At 2 p. M. , hear testimony from sean edgette of twitter and kent andwalker, general counsel for google. Watch them live, online or listen live on the free cspan radio app. A panel of healthcare policy officials shared their views on lowering costs while trying to maintain quality. Topics included changes in payment models and transitioning from a fee for service to a valuebased reimbursement system. This was hosted foundation. Good afternoon. So wed like to go ahead and get started. Im nancy chalkly. Im delighted to welcome you here today. We have an incredible panel of business and policy leaders. They come at the problems from different perspective. But one unifying theme between all of them is their concern for what rising healthcare costs do to americans. And the need to increase value in our Healthcare System. So each of them will present their own ideas of how to increase value or how they are increasing value in the Healthcare System. A nonprofit nonpartisan organiza
Large employers. These are large multistate, and in many cases, global employers. They provide Health Benefits for over 50 million americans in the u. S. This is more of a convener. Together, butyers leaders together, and industry stakeholders together to bring reform,ents to deliver expanded health innovation, and share best practices amongst each other on how to control Health Care Costs to manage conditions, tomatoes pharmacy benefits, plan design, valuebased plan design, and engage employee wellbeing. We also play a role in washington on Public Policy issues related to health care. Packs that you can follow along with the Key Highlights were going to walk through as well as a more of a detailed report available. Spend 20 minutes on comments and then open it up for a q a toward the end. I would like to start before we get into specific findings about three highlevel observations on what i took out of the survey this particular year. First is in relation to the employerbased system.