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Pharma Investments, Ventures & Law Weekly

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Managed Care



IROs Help Cut Health Plan Costs During the Recession



May 31st, 2009

Health care spending today equals 17 percent of the U.S. gross domestic product (GDP). By 2017, experts project it will equal 20 percent. Most politicians and healthcare experts agree the current system is burdened by inefficiencies, inflated prices, poor management and waste that increases medical care and health insurance cost. Independent review organizations (IROs) provide a simple and immediate solution to decrease costs while delivering the right standard of care to plan enrollees says NAIRO, a trade organization of IROs.

"IROs are a smart way to help reduce costs in today's healthcare system," said Joyce Muller, president of NAIRO. "Using an evidence-based...


Source: Pharma Investments, Ventures & Law Weekly (2009-05-31)

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