In this report, CBO describes policies available to the Congress that would lower the prices that commercial insurers pay for hospitals’ and physicians’ services, thereby lowering premiums for commercial health insurance and federal subsidies for that insurance. CBO identified three broad policy approaches:
- Promoting competition among health care providers, which would reduce prices by targeting providers’ power to command higher prices than would occur in a perfectly competitive market;
- Promoting price transparency, which would reduce prices by targeting consumers’ and employers’ limited sensitivity to those prices; and
- Capping the level or growth rate of prices, which would reduce prices by regulating them.
MAJOR RECURRING REPORTSView All
- H.R. 291, Department of Veterans Affairs Creation of On-Site Treatment Systems Affording Veterans Improvements and Numerous General Safety Enhancements Act
- H.R. 6647, To amend title 38, United States Code, to make certain improvements relating to the eligibility of veterans to receive reimbursement for emergency treatment furnished through the Veterans Community Care program, and for other purposes