Last week a consortium of health insurers, health providers, hospitals and pharmaceutical manufacturers claimed that they could save the country $2 trillion in health care costs. I was skeptical of this claim.
It turns out now that the American Hospital Association (AHA)–one of the signees of the letter–is also skeptical. Fierce Healthcare reports that AHA president Richard Umbdenstock says “we did not say that we would save this country $2 trillion on our own.” Looks like the letter to Obama is no more than empty promises.
- HT: Joe Paduda