Health groups offer $2 trillion in cost savings - WAOW - Newsline 9, Wausau News, Weather, Sports

Health groups offer $2 trillion in cost savings


WASHINGTON (AP) -- The health care industry is stepping forward today with big cost savings to help President Barack Obama pass an overhaul plan.

What's being pledged is $2 trillion over the next decade, if the president can get Congress to go along with a plan for universal health coverage.

The pledge is coming at a White House meeting of groups representing health insurers, hospitals, doctors, drug makers and a major labor union.

Details of how the cash will actually be saved are still emerging. But Obama is prepared to say the active support of groups that have fought each other and lawmakers for years shows even they know "reform is ... a necessity that cannot wait."

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