"Bending the Curve": What Really Drives Health Care Spending
Contrary to their stated intent, the health care reform bills passed by the House and Senate would substantially increase health care spending if either became law. Based on a fundamental misunderstanding of what drives health care spending, these bills exacerbate many of the inefficiencies in the U.S. health care system, particularly those that drive spending upward. While an increased prevalence of disease, the third-party payment system, technological change, and waste and fraud are likely contributing to increased health care spending, the main problem is a pricing system that insu...