Word from the White House: Economists Say Reform Will Strengthen America's Fiscal Health
12:07 PM EST
It's no secret that institutions of all stripes focus their communications on certain messages day to day. We thought it would all be a little more open and transparent if we went ahead and published what our focus will be for the day, along with any related articles, documents, or reports.
Supporting letter: 20 Leading Economists Write to President Obama, 11/17/09
Talking Points: Economists Say Reform Will Strengthen America’s Fiscal Health
- Yesterday, a group of 20 leading economists wrote a letter to the President confirming that measures that are included in the Senate Finance Committee legislation and that they hope to see considered on the senate floor "will reduce long-term deficits, improve the quality of care, and put the nation on a firm fiscal footing."
- The measures, they say, will "help transform the health care system from delivering too much care, to a system that consistently delivers higher-quality, high-value care."
- The economists lauded the following key measures:
- A fee on insurance companies offering high-premium plans — which would create a strong incentive for more efficient plans that would help reduce the growth of premiums.
- Establishing a Medicare commission — which would develop and submit proposals to Congress aimed at extending the solvency of Medicare, slowing Medicare cost growth, and improving the quality of care delivered to Medicare beneficiaries.
- Reforms in the delivery system to ensure that patients receive high-quality, high-value care.
- And, as the President has insisted from the beginning, the legislation does not add a dime to the deficit.