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Health Law and Policy

The University of Akron

Accountable Care Organizations

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The Next Stage Of Health Care Reform: Controlling Costs By Paying Health Plans Based On Health Options, Dale B. Thompson Jul 2015

The Next Stage Of Health Care Reform: Controlling Costs By Paying Health Plans Based On Health Options, Dale B. Thompson

Akron Law Review

There are two problems in “demonizing” health insurance plans and MA. One is that it diverts attention from perhaps the most important long-term problem for health care: the need to control rising costs. Recent estimates say that expenditures on health care have grown from approximately seven percent of gross domestic product (GDP) in 1970, to nine percent in 1980, twelve percent in 1990, fourteen percent in 2000, and sixteen percent in 2008. Expenditures are projected to be over nineteen percent of GDP in 2019. While it is certainly true that health care insurance plans are not perfect and that there …