You may not agree with these proposals. Yet, they are evidence that Republicans very much recognize a need for change. At the very least, we should consider them before we pass incredibly massive laws.
Transforming health care to slow the growth of spending requires a radical restructuring of how health services are paid for. The most powerful way to reduce costs (and make room to expand coverage) is to shift away from “volume-based” reimbursement (the more you do, the more money you make) to “value-based” reimbursement.
Markets work. We should use them to drive behavior toward the goals of sustainable value in medical treatment and affordable health care for all Americans.