How to bend the health cost curve in 4 simple steps, according to 10 very smart people

In my quest to stop talking about what’s wrong with healthcare and start talking more about what we can do about healthcare, see this post from Jane Sarasohn-Kahn:

1. Invest in better information and tools (including incentives and comparative effectiveness).

2. Transition to accountable payment systems that reward lower-cost, higher quality care (i.e., make fee-for-service ‘less attractive over time’).

3. Restructure insurance markets to pool risk outside of employment and promote on quality and cost (including scaling back employer subsidies in favor of value-based benefit design).

4. Support and encourage better choices among health citizens (e.g., nudge through copays and tiering and measure outcomes along the way).

Under Pillar #1: “Protect providers and insurers from liability when they follow best practices and implement safe systems, as identified by evidence.”
Under Pillar #2: “Increase payment rates for primary care, offset by reductions for specialty care.”

Under Pillar #3: “Cap the existing income tax exclusion for employer-provided insurance, to encourage carriers to design and workers to choose more cost-effective coverage.”

…and the big kahuna recommendation of them all,

Under Pillar #4: “Restructure Medicare Parts A and B with a global deductible and catastrophic out-of-pocket maximum.”

No surprise that not one of the 10 Gurus is an elected official…

How to bend the health cost curve in 4 simple steps, according to 10 very smart people