Opening Statement By William Lilley III at the Council’s Public Hearing on Health Care Costs

by William Lilley on June 29, 1976
by William Lilley

“Good Morning: Welcome to the hearings on Health Care Costs of the Council on Wage and Price Stability. Rising health care costs are a vital public policy issue facing our nation today. For some time, the Council has been monitoring prices in the health industry for their inflationary impact. The review of rising health care costs and the conduct of these hearings is executed in accordance with the Council’s statutory mandate. Created by Congress in 1974, the Council has the responsibility to monitor and analyze inflationary activities in both the private and public sectors of the economy. …”

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