Obama Says Health Groups Pledging to Trim Rising Cost (Bloomberg via Yahoo! News)
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May 11 (Bloomberg) — President Barack Obama, in what he called a watershed event, received pledges today from drugmakers, hospitals, insurers and other related groups to slow health-care spending by 1.5 percent a year over the next decade.
Obama lauds industry offer to cut health costs (AP via Yahoo! News)
President Barack Obama on Monday portrayed the health care industry’s promise to cut $2 trillion in costs over 10 years as “a watershed event” in the long search for a solution to the millions of uninsured. Whether that is true won’t be readily known as debate begins in Congress over sweeping health care legislation.
Analysis: Will health care savings add up? (AP via Yahoo! News)
The White House trumpeted the news: health care providers taking a $2 trillion scalpel to their costs and pushing the U.S. toward Barack Obama’s vision of health coverage for all. But don’t line up yet for those insurance cards.
