Wednesday, September 5, 2012

Health-Care Goal Should Be Quality, Not Quantity

Health-Care Goal Should Be Quality, Not Quantity- Peter Orszag OpEd for Bloomberg:
The Independent Payment Advisory Board is perhaps the most mischaracterized part of the health- care reform law -- which is saying something, given how many false charges have been hurled at the Affordable Care Act. The IPAB was designed to be a backstop to make sure the health-care system makes a transition from fee-for-service payments to payments based on value.

Peter R. Orszag, vice chairman of corporate and investment banking at Citigroup and an adjunct senior fellow at the Council on Foreign Relations, was President Obama's director of the Office of Management and Budget.