Power to the patient
by John Goodman
May 01, 2012
Source: The Daily Caller
The Obama administration is spending millions of dollars on pilot programs and demonstration projects in a desperate effort to try to control health care costs. Unfortunately, none of it is working. That’s basically the conclusion reached by the Congressional Budget Office in three separate reports.
Meanwhile, private employers, without any help from the government, are reducing costs by up to 30 percent, according to a study by the RAND Corporation.
How are they doing it? By making employees responsible for more of their own health care bills and by making deposits to health savings accounts (HSAs), which the employees own and control.