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Past Event

The Future of U.S. Health Care Spending

Past Event

The Future of U.S. Health Care Spending - Part 1

For several decades health spending in the United States rose much faster than other spending. Forecasters predicted the health sector, already 17% of GDP, would soon exceed 20 to 25% of GDP, driving out other necessary public and private spending. However, in recent years health spending growth dropped dramatically and surprisingly, to a record slow pace for the fourth straight year in 2012. It is not clear why this turn around occurred or how long it will last.

On Friday, April 11th the Engelberg Center for Health Care Reform at Brookings brought together several experts to discuss three questions that will also be addressed in a forthcoming series of Brookings papers. The discussion and papers address the causes of the slowdown and the likelihood it will continue; its impact on federal and state budgets, and private spending; and identify reforms that will ensure slow cost growth while improving health.

Over a dozen economic and health policy experts participated in panel discussions, including Harvard’s David Cutler, American Action Forum’s Douglas Holtz-Eakin, University of Southern California’s Paul Ginsburg, and Altarum’s Charles Roehrig.

Read more about the papers being presented

Agenda

Welcome and Opening Remarks

Understanding the Slowdown in Health Care Spending Growth<br /><span style="font-family: arial; font-size: 12px;">Discussion Paper: <a href="https://www.brookings.edu/research/papers/2014/04/11-perspectives-health-care-spending-growth">"Anatomy of the Slowdown: What Happened and Will It Last?"</a></span>

Why Health Spending Growth Matters to Budgets and the Private Sector<br /><span style="font-family: arial; font-size: 12px;">Gale & Holtz-Eakin Discussion Paper: <a href="https://www.brookings.edu/research/papers/2014/04/11-federal-health-spending-budget-outlook-gale-harris">"Possible Impact of Alternative Health Spending Scenarios on the Federal Budget"</a><br /><br />Boyd & Scheppach Discussion Paper: <a href="https://www.brookings.edu/research/papers/2014/04/11-health-care-spending-state-local-budgets-boyd">"The Potential Impact of Alternative Health Care Spending Scenarios on Future State and Local Government Budgets"</a><br /><br />Ginsburg & Kowalski Discussion Paper: <a href="https://www.brookings.edu/research/papers/2014/04/11-alternative-health-spending-scenarios-ginsburg">"Alternative Health Spending Scenarios: Implications for Employers and Working Households"</a></span>

Networking Breakfast

Lunch (to be provided)

Sustainable Reductions in Health Care Spending: What is Possible While Improving Health?<br /><span style="font-family: arial; font-size: 12px;">Discussion Paper: <a href="https://www.brookings.edu/research/papers/2014/04/11-improving-health-reducing-cost-mcclellan-rivlin">"Improving Health While Reducing Cost Growth: What is Possible?"</a></span>

Joseph Antos

Wilson H. Taylor Scholar in Health Care and Retirement Policy, American Enterprise Institute

D

David Cutler

Otto Eckstein Professor of Applied Economics - Harvard University

Break

Joseph Antos

Wilson H. Taylor Scholar in Health Care and Retirement Policy, American Enterprise Institute

D

David Cutler

Otto Eckstein Professor of Applied Economics - Harvard University

Closing Remarks

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