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Tuesday, 23 February 2010 |
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President Obama's health insurance proposal – like both the House and Senate versions of reform – would do much to expand health coverage and improve Medicare. It does not do enough, however, to contain costs. True reform would reduce the cost of health insurance through the competition, economies of scale, and risk spreading achievable through strong and efficient exchanges. However, the President's exchanges will not have sound risk pools and market-based competition. Read the full pres release... |
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Wednesday, 16 December 2009 |
CED Releases Study on Exchanges and Competition
Washington, D.C. December 16, 2009 – CED today released a study showing that the exchanges in the Senate health-reform bill are likely to fail as currently structured. The exchanges are health-insurance marketplaces where individuals without employer coverage and employees of some small businesses would go to obtain coverage. CED believes that exchanges are central to managing healthcare costs effectively and increasing access to care, particularly for the uninsured. They are also, potentially and with substantial improvement and expansion, the best way to force insurers to compete on quality and price. CED believes that, without such competition, costs will not be contained and American health care will not be truly reformed. Read more...
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Tuesday, 10 November 2009 |
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| l-r: Lloyd Dean, Gregory Adams, Wade Rose, Lenny Mendonca, Lynn Jimenez |
CED, in partnership with the Bay Area Council hosted a discussion on the importance of business engagement in the health-care reform debate. The forum featured a presentation on the business case for health care reform by Ken Shachmut, Executive Vice President of Safeway Health, followed by a panel of experts who discussed what they see as necessary components of a final health care bill.
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Wednesday, 04 November 2009 |
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When the President presented his framework for health-care reform to a joint session of Congress in September, he emphatically stated, "My guiding principle is, and always has been, that consumers do better when there is choice and competition." We agree with this two-part focus.
The health reform proposal headed for upcoming Senate debate stops far short of the twin goals of choice and competition. It would restrict each of an estimated 200 million Americans to the specific health insurance package provided by his or her employer, which in the vast majority of cases allows no meaningful consumer choice. Indeed, for the typical American, health insurance "competition" would continue to be limited to multi-year re-bidding of the employer's specific plan. Limiting competition to the employer's one-size-fits-all health plan has perpetuated the fee-for-service system that has pushed costs unsustainably higher.
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Monday, 19 October 2009 |
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Washington, D.C. October 19, 2009 - CED today sent an open letter to Members of Congress and the Business Roundtable urging comprehensive reform of the U.S. health care system - reaching beyond what the Congress and major business lobbies have supported thus far.
"Good ideas like Senator Wyden's Free Choice Amendment, which would inject choice and competition in the health-care reform package, have not been seriously considered -- leaving only an expansion of the status quo," said William Lewis, CED Trustee & Founding Chairman Emeritus of the McKinsey Global Institute.
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Monday, 21 September 2009 |
CED Backs Effort to Improve Choice and Competition
Washington, D.C. September 21, 2009 - CED today urged the Senate Finance Committee to amend the America's Healthy Future Act (sponsored by Senate Finance Committee Chairman Max Baucus (D-MT)) by adopting the "Free Choice" amendment submitted by Senator Ron Wyden (D-OR). The "Free Choice" amendment is a key element of the Healthy Americans Act (S. 391) which was endorsed by CED in June of this year.
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Monday, 20 July 2009 |
Without Drastic Changes, Better to do Nothing
Washington, D.C. July 20, 2009 - Trustees for CED today expressed extreme disappointment with newly released Congressional health bills.
"The House of Representatives and the Senate HELP Committee proposals are unacceptable. They would expand coverage without controlling costs, leaving future generations with a system even worse than what we have today. We cannot afford the government and the health-care system we have now, much less this bloated alternative. Lawmakers have bowed to political pressure at the expense of sensible policy. The business and policy community cannot stand behind these bills," said W. Bowman Cutter, Managing Director, Warburg Pincus.
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Friday, 26 June 2009 |
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On June 26th, CED hosted a webinar on health care reform. The presentation and discussion was led by Joe Minarik, Senior Vice President and Director of Research, and Alain Enthoven, Marriner S. Eccles Professor of Public & Private Management at Stanford University.
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Wednesday, 24 June 2009 |
Wednesday, June 24 - Our survey of 300 business executives reveals a resounding vote of no-confidence in the viability of our current health-care system. What's more, business leaders believe that now is the time for a substantial overhaul. They expressed a preference for a new health-care model that forges a path of bold reform rather than making mere tweaks to the current system.
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Tuesday, 09 June 2009 |
Washington, D.C. June 9, 2009- The Committee for Economic Development, for 67 years a leading business group that pursues public policy in the national interest, today publicly endorsed the Healthy Americans Act (S. 391), introduced in the U.S. Senate by Senators Ron Wyden (D-OR) and Robert F. Bennett (R-UT).
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