Americas Health Insurance Plans released a health reform blueprint which, if implemented, could shed more than $145 billion from the national health expenditure in less than a decades time, according to AHIP and independent actuaries.
In its third report aimed at implementing systemwide reforms, AHIP said that a combination of comparative-effectiveness programs, health-information technology, value-based reimbursement, medical-liability reform and disease management could greatly trim back soaring costs while improving quality and access to care. Our proposals are designed in every case to be workable, affordable and achievable now, AHIP president and chief executive officer Karen Ignagni said in a conference call.
The report identifies a number of cost drivers, including the misuse of healthcare services, proliferation of new technologies, defensive medicine, personal health habits and cost-shifting to private payers. Ignagni said that a joint effort between the public and private sector would be needed to implement the changes, but that once they fully take root, the cost savings would be in the hundreds of billions by 2025.
The latest report follows two other AHIP studies that targeted expanding health insurance coverage to every individual and one that tackles safety and quality issues across all providers. -- by Matthew DoBias