Policymakers Search For Ways To Anchor Ballooning Health Costs
In 1993, when President Clinton attempted to overhaul the health care system, America"s total health spending amounted to $912 billion and left 40 million uninsured, Bloomberg reports. President Obama faces a worsening situation: national health spending has more than doubled to $2.5 trillion, and the number of uninsured people has increased to around 50 million. Critics say the reforms Obama and congressional Democrats are pushing - which carry a $1 trillion price tag - would make the system cost even more. But, "[t]he experience of the 15 years since Bill Clinton failed to win passage of legislation suggests that the price of inaction may be even higher than the cost of Obama"s plan" (Benjamin and Faler, 7/28).
Oncology