NEWSFLASH: HEALTH CARE MARKETS ARE BROKEN
Everyone is tired of hearing about how broken our health care system is. We know: prices keep rising, hospitals keep merging, quality falters, disparities widen. And over the next few years, the outlook remains bleak. Experts predict that health care premiums will jump 5.6 percentage points over the previous year.
It’s become painfully apparent that well-meaning, market-based interventions (price transparency, consumer-driven health plans, innovative care delivery models, even provider payment reform) cannot exert enough pressure to right this capsized ship. At this level of dysfunction, we need a more powerful force to referee the marketplace and level the playing field. We need government intervention – specifically, state government intervention.
CPR’s white paper profiles five scenario-based policy menus, designed to help state policymakers, advocacy organizations and other stakeholders navigate through the multitude of policy intervention options and identify those best suited to meet their unique circumstances.
This Webinar, the first of four, lays out the case for combinations of state policy interventions designed to place downward pressure on commercial prices and rebalance market power.
Download the corresponding issue briefs here, this session will cover Issue Brief #1.