Healthcare Cost Containment Fails

    P1 Respond to the following in a minimum of 175 words: • There has been a focus on cost containment and cost reduction in health care for decades. What are some of the most prevalent cost reduction strategies in health care organizations? • Health care costs have continued to rise in the United States to a level greater than any other country on a per capita basis. Why have cost containment efforts been ineffective in keeping total costs of health care down? • ADD REFERENCE TO SUPPORT YOUR ANSWER P2-A As a health care professional who can potentially influence changes in the costs and economics of the future in health care, it is crucial to consider strategies that can optimize the cost-benefit ratio for patients, as well as for health systems. Read "A Dozen Facts About the Economics of the US Health-Care System" https://www.brookings.edu/research/a-dozen-facts-about-the-economics-of-the-u-s-health-care-system/ from the Brookings Institute on the economics of the U.S. health care system, and discuss the following with your group: • Analyze the causes of the high cost of health care in the United States. • Propose a strategy you think can help lower the cost of health care. P2-B Individually, write a 350-word summary of your group discussion. Include the following in your individual summary: • Explain the idea you proposed. • Recap any feedback you received from the group. • Based on the feedback, describe any changes you would make to your idea.