Source: David B. Kendall, Progressive Policy Institute, January 15, 2009
Over time, health-care reform can and should pay for itself. After all, our system is larded with waste — by some estimates accounting for as much as 30 percent of total government spending. Rooting out waste and redundancy, however, will not happen overnight, and it will require upfront investment to boost the quality and efficiency of medical care.
One particularly promising cost-containment strategy is to promote the spread of high-quality, integrated health-care systems, like the Mayo Clinic. Mayo costs the government 17 percent less than the national average for treating the sickest Medicare patients, while providing excellent care.