TWIB: Controlling Mass. Health Care Costs

(This Week In Business) - Hardly a day goes by that health care isnt in the headlines.

This has been a very busy year for the field, with the new health care law passing and taking effect, an effort toward a global payment system, and a major Massachusetts hospital chain is being sold and going private.

Also, the Deficit Commission is expected this week to release their findings on the American health care industry, saying its the biggest contributor to the countrys national deficit. Health care is growing faster than many other portions of major government.

How will the cost of health care to regular Americans be impacted by all of this?

Andrew Dreyfus, Blue Cross Blue Shield of MA CEO talks about some of the insurers new products and plans to help control health care costs.

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