Healthcare Costs

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Yesterday the blogosphere was crammed with charts showing that if the rise in healthcare costs is reduced by 1.5 percentage points a year, then long-term healthcare costs would be a lot lower than current projections.  That’s hard to argue with, but what I kept wondering is, how are healthcare costs going to be reduced 1.5 percentage points a year?  The Council of Economic Advisers produced the charts, so Ezra Klein asked CEA chair Christina Romer about this:

It’s not really something we looked at in the report. The report asks “if we manage to attain cost savings, what will it do to the economy?” We didn’t look so much at the mechanisms that would bring those savings about. It was more about what health reform can do. I didn’t get too much into the literature of how coverage could control costs. That’s another project for the CEA to take on!

Well, OK.  I’m still a little confused about what the point is here, since I thought everyone was already largely in agreement that controlling the growth of healthcare costs would be a fine thing indeed.  It’s how to do it that generates the controversy.  So I guess I’m still not entirely sure what the point of this exercise was.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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