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Health Care's Hidden Costs |
| Section: CURRENT ISSUES / ANALYSIS |
| Author: James A. Rice |
| Publication: The world & I online |
| Issue Date: 3/1/1994 |
| Size: 2,803 Words, 17,979 Characters |
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It has become politically correct to call for major reforms of the U.S. health sector, but it is not at all clear what the cost of such reforms would be, nor upon whose shoulders the costs are likely to be borne. While much of the debate has been appropriately focused upon the scope and nature of these reforms, it is now also important to fuel the debate by considering the practical consequences and issues of implementing the reforms--in particular, what are the likely costs of the reforms for certain key stakeholders?
Many observers now realize that the reform we finally get will be not so much a cautiously designed overhaul of one-seventh of our economy as it will be a rapidly crafted political solution to a tough issue that can no longer be avoided. An increasing number of pundits ...
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...health-care reform? It depends on whom you ask. Most agree the costs will be substantial--but probably worth the price that results from the political compromises forged during 1994-95. State and federal policymakers will need to move from rhetoric to research, and then from research to reengineering our taxes and redistributing expenditures from health to larger-scale manufacturing sectors.
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