Bending the cost curve through market-based incentives

The high and rising cost of U.S. health care is a growing burden on families and businesses and a threat to the fiscal stability of the government. This year, national health spending will total $2.8 trillion, or 18% of the gross domestic product (GDP). By 2021, national health spending will account for nearly one fifth of our economy, reflecting major expansions in health insurance coverage under the Affordable Care Act (ACA) and increased numbers of people on Medicare resulting from the ongoing retirement of the baby-boom generation.

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Mark V.
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Policy implications of the new US labor market normal

We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.

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