Lowering Health Care Costs

Read the article titled "New Efficiencies in Health Care? Not Likely" over to the right under Interesting Articles.


Dr. Anthony Daniels comes to a grim conclusion in the last paragraph.  He writes, "If we are to have health-care systems that don't bankrupt us, people will have to accept paying more bills out of pocket and perhaps lowering their standard of living. Tiresome as the advice might be, we had better start saving a good deal more."

But, he also suggests one possible solution: "The long-term solution ... is the same for health care as it is for pensions: to pay for it with the income generated by dedicated savings accounts, which can be transferred to the next generation after death."