Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today in response to a new report from the Institute of Medicine which determined that, out of 306 regions in the United States, San Francisco has the 9th lowest Medicare spending, spending $153 less than the national average on a beneficiary per month.
“For nearly 50 years, millions of seniors have relied on the health care security that Medicare provides. In the face of rising costs, a new report from the Institute of Medicine proved that San Francisco’s health care community is efficiently treating our city’s senior citizens without jeopardizing the quality of care they’ve earned.
“According to the report, a growing amount of evidence points to the fact that clinical and financial integration best helps health care systems to manage the care of their patients efficiently. Therefore, Medicare can promote value through reforms that foster clinical and financial integration. In fact, many payment reforms included in the Affordable Care Act – value-based purchasing, bundled payment, accountable care organizations, primary care medical homes, and dual-eligible integration demonstrations – do just that. These findings only strengthen what millions of Americans are discovering each day: health care reform is creating a more affordable, quality health care system.
“From lower premiums to higher quality care, the state of California is leading the way in making sure every patient sees the benefits of the Affordable Care Act. As we prepare to open California’s health insurance marketplace, I know that San Francisco’s medical community will continue to set the example in improving patients’ care, protecting their financial well-being, and establishing the healthy future that every American deserves.”