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Organizations that accept the risk can save money by directing the price settings and providers. It seems clear that the results improved over time and it also seems the organizations do somewhat better. That is a generalization, s so m sure that there are some tremendous organizations but as a general rule it seems to be the case it helps if you are not a hospital. So, the other thing that is important to understand and i dont know why this is so hard to explain. If you save him by suspending you shared it and that is how sharing works and so if you look after a year you are never going to do as well but im understand the shared savings are the incentives to reduce the savings. If you could share you wouldnt have any savings. We have to worry about a system that is working in 2019 said to be clear i want it to work but im much more interested getting on a path where the Healthcare System will work in 25 and 30 and if we spend ....
Introducing each panelist in the then go on. So i will start with one of the nations most highly regarded economist. What distinguishes this model the brilliant on the theory and research of more than any other economist he understands how markets work. But he also said sits on the benefits committee where he learns firsthand why were not the least efficient. Is that fair to say . [laughter] he also serves on the panel of Health Advisers with the board of directors and vice chair of mudpack we have the good fortune to have him serve on the foundation and vice three board one of the pioneers of value based insurance design to evaluate medicare and private sector organizations please join me to welcome him to the panel. [applause] i am thrilled to be here they have done an incredible job it is great to see all of you here so i will talk broadly about benefit design because bob is going to talk about the budget i am not sure bob wou ....
Playing hockey. He is not able to join us. Mike will cover some of the points he was going to make. Why theres a call to action to increase value in our Health Care System. Ill start first by introducing each panelist and sit down, and then go on. So ill start with mike, who is one of the nations most highly regarded economists. Really what distinguishes mike, not only is he broil yant on the theory and research. Probably more than any other economist, he understands how markets work. And he leads much of the Health Care Policy work coming out of harvard medical school, he also sits on harvards benefits committee, where he learns firsthand why markets are not always efficient. Is that fair to say . He also serves on cbos panel of health advisers. A member of the Massachusetts Health connecter board of direc ....
Administration, cash sunscene, talked about his new book. Representatives from twitter, facebook and google testified before congress tuesday. As to russias influence on the 2016 elections. On wednesday, two hearings, live on cspan3, 9 30 achl eastern the Senate Intelligence committee. At 2 p. M. , hear testimony from sean edgette of twitter and kent and walker, general counsel for google. Watch them live, online or listen live on the free cspan radio app. A panel of healthcare policy officials shared their views on lowering costs while trying to maintain quality. Topics included changes in payment models and transitioning from a fee for service to a valuebased reimbursement system. This was hosted foundation. Good afternoon. So wed like to go ahead and get started. Im nancy chalkly. Im delighted to welcome you here today. We have an incredible panel of business and policy leaders. They come at the problems from different per ....
Committee. At 2 p. M. , hear testimony from sean edgette of twitter and kent andwalker, general counsel for google. Watch them live, online or listen live on the free cspan radio app. A panel of healthcare policy officials shared their views on lowering costs while trying to maintain quality. Topics included changes in payment models and transitioning from a fee for service to a valuebased reimbursement system. This was hosted foundation. Good afternoon. So wed like to go ahead and get started. Im nancy chalkly. Im delighted to welcome you here today. We have an incredible panel of business and policy leaders. They come at the problems from different perspective. But one unifying theme between all of them is their concern for what rising healthcare costs do to americans. And the need to increase value in our Healthcare System. So each of them will present their own ideas of how to increase value or how they are increasing value ....