Healthcare could help speed economy recovery

Although moving slowly, the U.S. economy has seen modest growth of two to three percent, according to former White House advisors. To help speed the fragile recovery, policy decision-makers should consider addressing healthcare with a market-based approach, R. Glenn Hubbard, Dean of Columbia Business School and former chairman of the White House Council of Economic Advisors under President George W. Bush, according to  Managed Healthcare Executive. To control healthcare costs, specifically, Medicare must change from an open-ended program to a block grant, Hubbard said. Article

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