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The Secret Committee Behind Our Soaring Health Care Costs
Politico Link to more items from this source
Aug. 21, 2014

"In 2012, national health care spending in the United States reached $2.8 trillion, or more than 17 percent of the country's gross domestic product -- more than any other industrialized country.... [One] explanation ... lies with a secretive committee run by the American Medical Association (AMA) which, with the assent of the government, has enormous power to determine Medicare prices by assessing the relative value of the services that physicians perform. For decades the committee has done so in a way that has skewed Medicare fees in favor of expensive specialists over ordinary general practitioners ... who are the nation's first line of defense against serious illness. Because Medicare fees are the baseline for the rest of the pricing in the health care system, this has had a broad effect[.]"

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