(Bloomberg View) – It may not seem obvious from news reports, but healthcare costs in the U.S. have been growing remarkably slowly. Among the many forces that have caused the slowdown are efforts such as those by Chicago Mayor Rahm Emanuel to change how healthcare dollars are spent -- a strategy that other cities and states can learn from.
For the past five years, Chicago has kept its healthcare bill for employees and retirees roughly flat, at about $450 million a year. And reflected in this success are reforms that hold much promise for the future.
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