February 12 2013
Pressure to reduce the growth of health care spending is at an all-time high as policymakers seek ways to reduce government spending and health care expenses strain household budgets. However, there is a concern that cuts to health care spending will reduce access to high-quality medical treatment.
On the other hand, some have argued that expensive health care is not only not better than less-expensive care, it can even be harmful. According to this argument, cutting back on wasteful, expensive care would both reduce health care spending and improve quality.