Health Care Reform

Administrative costs account for 15% to 30% of U.S. health care spending – and at least half of that spending is wasteful. Researchers note that not all administrative spending is wasteful, making a distinction between spending and waste.

Consumers' tendency to conflate price and quality in medical care can only be challenged by adding quality-of-care data to price transparency tools.

"Now, the Treasury Department is finalizing that fix so that the law works the way Congress intended and the cost of coverage comes down for families all over the country," President Joe Biden says in statement.

Isn't it time for Congress to update the HSA rules to allow more people to establish this employer-sponsored account to help pay for their deductibles and out-of-pocket expenses?

Building an affordable network of everyday care with a modest monthly premium without the need to submit claims satisfies multiple stakeholders in the health care ecosystem.

"Affordable, comprehensive coverage for all Americans is essential to good health and a strong health care system," says Dr. David Blumenthal, president of the Commonwealth Fund.