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Some Inconvenient Truths About Medicare and the New 'Public Plan'

By Regina Herzlinger and Robert Book - July 25, 2009

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The fundamental problem with health care reform is the absence of realistic plans to reduce unit costs. Without cost controls , tens of millions of newly-insured people will further cripple U.S. global competitiveness, which is already grievously injured because the U.S. spends roughly 70 percent more on health care, as a percentage of GDP, than other developed nations, yet cannot point to...

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Regina Herzlinger and Robert Book

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