Yuval Levin | Editor in Chief, National Affairs
This edition of National Affairs, our 41st quarterly issue, marks the magazine’s 10th anniversary. This makes us still a young and fledgling enterprise. But it also offers a chance to reflect briefly on the work we have done and continue to do in an era of political uncertainty and change.
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Joseph Antos and Alice M. Rivlin | The Concord Coalition
Health spending is the largest component of the federal budget and is expected to double over the next decade if left unchecked. A similar sharp increase is projected for consumers, employers, and state governments. Controlling costs will require a comprehensive approach that addresses the root causes of high spending. It must increase competitive pressures on health care prices, both from the demand and supply sides, allowing pressure from patients to help control costs. This paper details how to arm purchasers — consumers, physicians, insurers, employers, and the government — to make cost-effective decisions in a competitive market environment.