Overstating savings/underestimating costs

THERE ARE SOUND REASONS TO BE SUSPICIOUS OF BOTH THE CLAIMED COSTS FOR NEW BENEFITS AND THE EXPECTED SAVINGS IN PRESIDENT CLINTON'S HEALTH CARE PLAN. HISTORICALLY, THE FEDERAL GOVERNMENT HAS BOTH UNDERESTIMATED THE COST OF HEALTH PROGRAMS AND OVERESTIMATED THE EFFECTS OF ITS EFFORTS TO RESTRAIN...

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Bibliographic Details
Published in:Society (New Brunswick) Vol. 32; no. 1; pp. 67 - 68
Main Author: Muris, Timothy J
Format: Journal Article
Language:English
Published: New Brunswick, N.J., etc Transaction 01-11-1994
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Summary:THERE ARE SOUND REASONS TO BE SUSPICIOUS OF BOTH THE CLAIMED COSTS FOR NEW BENEFITS AND THE EXPECTED SAVINGS IN PRESIDENT CLINTON'S HEALTH CARE PLAN. HISTORICALLY, THE FEDERAL GOVERNMENT HAS BOTH UNDERESTIMATED THE COST OF HEALTH PROGRAMS AND OVERESTIMATED THE EFFECTS OF ITS EFFORTS TO RESTRAIN THOSE PROGRAMS. THE AUTHOR CLAIMS THAT ALTHOUGH THE CLINTON ADMINISTRATION'S PLAN IMPLIES THAT THE PROJECTED RATES OF GROWTH CAN BE OBTAINED WITHOUT A MAJOR CHANGE IN PROVIDER AND PATIENT INCENTIVES, SUCH CHANGE APPEARS HIGHLY UNLIKELY TO BE ACCOMPLISHED, ESPECIALLY IN MEDICARE AND MEDICAID.
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ISSN:0147-2011
1936-4725
DOI:10.1007/BF02693357