Monday, May 11, 2009

Health Groups to Propose $2 Trillion in Cost Savings

Representatives of major health trade associations will present a plan to President Obama to reduce the growth of health costs for the next 10 years, which — if effective — could save the nation $2 trillion or more, White House officials estimate. The proposal, which was brokered by Service Employees International Union, will be laid out at a White House meeting between Obama and associations representing health insurers, hospitals, drug companies, doctors and medical device makers.


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