Whose Responsibility Is It to Reduce Healthcare Spending?

Does it fall to the federal government, the state, or the private sector?

Allie Obremskey; Vasanth Sathiyakumar, BA; Jordan Apfeld, BA; Alex A. Jahangir, MD, and Manish K. Sethi, MD

Although the rising costs of health care have been a central issue of political debate, no major changes in reducing healthcare expenditures have been made. Unless efforts to reduce healthcare expenditures are enacted, recent national and state-level efforts to increase the scope of medical insurance coverage to the nearly 50 million uninsured Americans will magnify the problem. Already, Medicare’s Hospital Insurance Trust Fund is projected to run out by 2024, Medicaid is limiting benefits to recipients due to a lack of finances, and cuts of up to 10 percent are planned for hospitals and physicians.

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