Medical spending in the United States is rising faster than our overall economy, and projections suggest this trend will continue. Rather than turn to cost controls or insurance companies to reign in the cost of health care, the nation's largest doctor group is drawing up its own strategies to contain spending and add value to our system. Dr. Ronald M. Davis, president of the American Medical Association (AMA), tells host Bruce Japsen about AMA strategies to contain medical spending.
The AMA's Plan to Contain Medical Spending
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Medical spending in the United States is rising faster than our overall economy, and projections suggest this trend will continue. Rather than turn to cost controls or insurance companies to reign in the cost of health care, the nation's largest doctor group is drawing up its own strategies to contain spending and add value to our system. Dr. Ronald M. Davis, president of the American Medical Association (AMA), tells host Bruce Japsen about AMA strategies to contain medical spending.
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