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July 31, 2009
Only Consumers Can Bend the Cost Curve

Alexandria, VA --Today the Council for Affordable Health Insurance (CAHI) released "Only Consumers Can Bend the Cost Curve," which demonstrates that consumer driven health plans are the only proven method to lowering health care costs.

Over the past few months we have seen several proposals to "bend the cost curve" and bring down the cost of health care over the coming decades. President Obama, Congress, and Budget Director Peter Orszag have all said by eliminating "unnecessary care" the system can save $700 billion.

However, CAHI believes that government-imposed, top-down methods offered by administration officials and members of Congress will not lead to a less- costly system. Our new paper shows that when consumers are given information and control of their own health care dollars, they become value- conscious consumers in the health care marketplace. This paper also considers the common critcisms of consumer driven plans and how recent experience has proven them untrue.

Click the Link to Read: Only Consumers Can Bend the Cost Curve

About the Council for Affordable Health Insurance

Founded in 1992, CAHI is a nonprofit, nonpartisan research and advocacy association whose mission is to promote access, affordability and choice in American health care. CAHI's membership includes health insurance companies (active in the individual, small group, HSA and senior markets), small businesses, physicians, actuaries and insurance producers and brokers.

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