Former Director of the Office of Management and Budget (OMB)
Pro to the question "Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?"
"The ACA [Patient Protection and Affordable Care Act] not only will extend health care coverage to millions of Americans but also will enact many policies specifically aimed at reducing the amount we are spending on health care and, by changing the delivery system, reducing the rate of growth in health care costs over time. Indeed, one of the essential aspects of the legislation is that unlike previous efforts, it does not rely on just one policy for effective cost control. Instead, it puts into place virtually every cost-control reform proposed by physicians, economists, and health policy experts and includes the means for these reforms to be assessed quickly and scaled up if they’re successful. By enacting a broad portfolio of changes, the ACA provides the best assurance that effective change will occur. Moreover, by taking a multifaceted approach that includes hard savings plus the mechanisms for creating a dynamic health care system, it enables physicians, hospitals, and other providers to consistently improve outcomes, boost quality, and reduce costs as health care evolves."
"Health Care Reform and Cost Control," New England Journal of Medicine, June 16, 2010
Experts Individuals with MDs, DOs, PhDs, JDs or equivalent advanced degrees in fields relevant to health care; top-level federal government officials significantly involved in health care and related issues. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Vice Chairman and Managing Director, Lazard Freres & Co LLC
Nonresident Senior Fellow in Economic Studies, Brookings Institution
Former Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group, Citigroup, Inc
Former Distinguished Visiting Fellow, Council on Foreign Relations (CFR)
Director, Office of Management and Budget (OMB), Jan. 2009–July 2010