The Society of Actuaries and KFF have partnered together to address the rising cost of health care in the United States through Initiative 18/11. The title reflects data showing the U.S. spends roughly 18% of its gross domestic product on health care, while the rest of the developed world spends roughly 11%.
More than 30 thought leaders from throughout the health care community gathered at KFF’s Washington DC offices on March 7, 2018, for the initiative’s inaugural event. This conference report details that day’s event and outlines next steps for Initiative 18|11.