Sen. Hillary Rodham Clinton (D-N.Y.) today unveiled a major piece of her overall healthcare platform, one designed to emphasize prevention and wellness programs; better management of chronic disease; and the required use of health information technology as primary ways to shave $120 billion from the nations $2 trillion annual healthcare bill, while saving families $2,200 off their healthcare bills.
The presidential hopeful also said she would mandate a higher-level of transparency for the insurance industry as a way to eliminate discriminatory practices that weed out the sickest individuals in favor of the healthier, less expensive ones, and create a public-private best practices institute that would finance comparative effectiveness research among other quality and performance improvement initiatives.
Clintons platforma mix of old and new policiesaims to control healthcare costs and lay the groundwork for a system of universal healthcare coverage, where individuals have access to safe, high-quality care, she said. The senator said she would use the resulting cost savingsan estimated $147 billion from health IT, up to $30 billion in annual administrative savings and another $25 billion in savings from overpayments for prescription drugs and health plans, for instanceto extend coverage to the nearly 45 million Americans who dont currently have any.
I think we finally have a recognition that everyone sees there is an economic imperative to rein in costs. There is a moral imperative to extend coverage to all Americans. And, there is a practical necessity to promote wellness and prevent illness wherever possible, Clinton said during a speech at George Washington University, Washington. -- by Matthew DoBias