Antitrust Issues in the Health Care Industry Hearing Before the Subcommittee O

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Antitrust Issues in the Health Care Industry Hearing Before the Subcommittee O
United States Congress Senate Committee On Fina
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But will Washington soften its plan to accommodate price pressures that go down as well as up? Don't bet on it. The Administration official acknowledges that no one on the health-care task force had called for a briefing on the CPI re- port. Clinton was elected, in part, by preying on fears of ever-nsing health- care costs. Those costs may be ebbing, but political imperatives can often be more important than economic ones. By Tim Smart wiUt Chns Roush m Sew Haven. Gail DeGeorge xn Miami, and bu...reau reports SOMETHIIiG FOR EVERYONE— EXCEPT THOSE WHO FOOT THE BILL ack in 1910, . Montgomen Ward & Co. Offered its workers one nf the first group health-insurance policies — and helped launch a revolu- tion Employer-provided insurance now dominates Amencan medicine Compa- nies pay more than $200 billion a year to buy care for 150 million workers and their dependents, or 60% of the popula- tion The system worked just fine unul medical costs exploded in the 1980s, forcing employers to tweak and tnm benefits in a desperate attempt to cut their payouts.

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