Accepting the Democratic Party's presidential nomination, Sen. John Kerry (D-Mass.) promised to lower family insurance premiums by as much as $1,000 annually if elected, backed the reimportation of lower-cost drugs from other countries, and touted the benefits of stem-cell research. "Our healthcare plan for a stronger America cracks down on waste, greed and abuse," Kerry said in his prime-time address Thursday at the Democratic National Convention in Boston. Kerry has said his 10-year, $895 billion healthcare plan would generate at least $300 billion in savings through better use of information technology and disease management. Last year's Medicare reform law, supported by the Bush administration, included provisions expanding both disease management and healthcare IT. The Congressional Budget Office, however, estimated the provisions as a cost, a spokeswoman for the Bush campaign said. "The idea that these things will save $300 billion is completely unrealistic," she said. -- by Jeff Tieman
From the convention floor: Health costs
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