Looking for an actually concise explanation of a half-century’s worth of research and arguments about health care spending in the U.S.? You’re in luck: Government budget wonks, against all odds, condensed it down to a single PowerPoint slide.
The slide is part of a broader report from the Congressional Budget Office that finds that capping the prices that hospitals, doctors, and other providers charge private health insurers would lower health care prices significantly more than making providers reveal their prices or bulking up antitrust enforcement.
The findings — summarized within the CBO’s longer 50-page tome — encapsulate decades of heated debates that have centered around how to ratchet down the country’s extraordinarily high health care spending. Prices especially have been a problem among people who get health coverage through their jobs.
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