Washington, D.C. — On Monday, June 11, Center for American Progress Senior Fellow Dr. Ezekiel Emanuel will moderate a conversation with health insurance industry leaders and physicians about how our nation can significantly reduce health care administrative costs.
Administrative costs in the U.S. health care system consume an estimated $361 billion annually—14 percent of total health care expenditures. At least half of this spending has been estimated to be wasteful. In an era of budget deficits and rising health care costs, the case for reducing administrative complexity is compelling: Successful efforts can result in significant financial savings while simultaneously improving system performance indicators and the quality of care.
At the event, a new CAP report authored by David Cutler, Dr. Peter Basch, and Beth Wikler will be released. The report makes specific recommendations to cut administrative costs significantly, saving $40 billion a year. A panel of renowned health care experts, including Karen Ignagni, president and CEO of America’s Health Insurance Plans, and Dr. James Madara, Executive Vice President and CEO of the American Medical Association, will discuss these recommendations.
WHO:
Introduction:
Topher Spiro, Managing Director for Health Policy, Center for American Progress
Distinguished speakers:
David Cutler, Ph.D., Otto Eckstein Professor of Applied Economics, Harvard University; Senior Fellow, Center for American Progress
Peter Basch, M.D., Medical Director for Ambulatory EHR and Health IT Policy, MedStar Health; Senior Fellow, Center for American Progress
Karen Ignagni, President and Chief Executive Officer, America’s Health Insurance Plans
James L. Madara, M.D., Executive Vice President and Chief Executive Officer, American Medical Association
Moderator:
Ezekiel Emanuel, Senior Fellow, Center for American Progress
WHEN:
Monday, June 11, 2012
1:00 p.m. – 2:00 p.m.
WHERE:
Center for American Progress
1333 H St. NW, 10th Floor
Washington, D.C. 20005
RSVP:
RSVP for this event.
For more information, contact Katie Peters at [email protected] or 202.741.6285
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