I am curious as to what progressives think about this new initiative by billionaire Pete Peterson to study U.S. healthcare and do something about the costs.
Here is an excerpt from a post by David Callahan, co-founder of Demos and editor at Inside Philanthropy:
Now, thanks to an initial $200 million pledge by Peter Peterson, new intellectual firepower is being brought to bear on these urgent challenges. Peterson, who made his fortune in private equity, is bankrolling an outfit call the Peterson Center on Healthcare, which already is up and running with an initial staff, a high-powered advisory board, and three initiatives. Its mission is to "make higher quality, more affordable healthcare a reality for all Americans. The organization is working to transform U.S.healthcare into a high-performance system by finding innovative solutions that improve quality and lower costs and accelerating their adoption on a national scale."
Full Text is here.
I have a lot of concerns about our health care costs, but Pete Peterson's approach to things is cold comfort. His push for austerity in the wake of the Great Recession is concerning.
Then again, hospital administrators' pay is one place where some austerity might be in order.
Oh, and full disclosure: I am writing for IP. So yes, I am flogging my new blog, but I am also genuinely curious where this community wants health care to go in terms of its cost problem.