Public-Private Partnerships: Encourage collaboration between public institutions and private healthcare providers to share resources and streamline services, increasing efficiency.
Preventive Care Focus: Invest in preventive care and public health initiatives to reduce the need for expensive treatments, thereby lowering overall costs.
Value-Based Care: Shift from fee-for-service models to value-based care, incentivizing providers to focus on patient outcomes rather than the volume of services provided.
Administrative Simplification: Reduce bureaucracy in healthcare administration to lower costs and streamline processes, allowing for more funds to be allocated to patient care.
Pharmaceutical Price Regulation: Implement measures to control drug prices and negotiate lower rates for medications, reducing the overall healthcare burden.
Health Savings Accounts (HSAs): Promote HSAs to encourage personal responsibility in healthcare spending, which could reduce overall costs.
Technology Utilization: Leverage telehealth and digital health solutions to increase access to care and reduce wait times for appointments and surgeries.