Health care cost-control efforts in the United States can often be described simply as “changing incentives.” The focus on incentives can be traced to two main circumstances: 1) The majority of politicians have opposed efforts to reduce costs simply through…
Unfunded pension liabilities for state, local and federal governments have grown to $7 trillion, according to a new report by Moody’s Investors Service, a credit-rating agency. With the U.S. population aging, the troubling report says, the federal government has $3.5…
The Centers for Medicare and Medicare Services (CMS) released a report last week on increased prescription drug spending in the United States with projections for such spending to grow more quickly than overall health care spending. Later CMS announced new…
Premiums for employment-based health insurance this year will average about $6,400 for single coverage and $15,500 for family coverage, according to projections by the Congressional Budget Office (CBO) and the Joint Committee on Taxation. In a new report, the CBO…