In 2008, Billy Beane, former Speaker Newt Gingrich (R-Ga.), and former Sen. John Kerry [1] (D-Mass.) argued in the New York Times that health care in the United States was overpriced and underperforming. A bipartisan policy has emerged to address this problem — focus on paying for value not volume, with the Medicare Access and CHIP Reauthorization Act as the latest manifestation of this strategy.
Story Date:
April 25, 2018
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