"The fact of the matter is right now politicians and insurance companies are making decisions. We're saying we want doctors to be making decisions. And I think that will lead to a higher-quality, lower-cost system over time"
- Peter Orszag
About this Quote
This quote by Peter Orszag speaks to the requirement for a shift in decision-making power in the healthcare system. Presently, politicians and insurance companies are making choices about health care, but Orszag thinks that if doctors were provided the power to make decisions, it would lead to a higher-quality, lower-cost system. This suggests that medical professionals are better geared up to make choices about health care than political leaders and insurance provider, as they have the competence and knowledge to make educated choices. Furthermore, Orszag believes that this shift in decision-making power would result in a more effective and cost-efficient health care system. Eventually, this quote talks to the requirement for a shift in decision-making power in the health care system, and the prospective benefits that could originate from it.
This quote is written / told by Peter Orszag somewhere between December 16, 1968 and today. He/she was a famous Economist from USA.
The author also have 1 other quotes.
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"Skyrocketing insurance premiums are debilitating our Nation's health care delivery system and liability insurers are either leaving the market or raising rates to excessive levels"
"The majority of Americans receive health insurance coverage through their employers, but with rising health care costs, many small businesses can no longer afford to provide coverage for their employees"
"Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country"
"Who's paying the million bucks? The insurance company. We've been trying for years to get the insurance industry to say to the gun industry, We won't insure you unless you have policies that will reduce the likelihood of guns falling into the wrong hands easily"