SUMMARY: A new survey from the Kaiser Family Foundation and the Purchaser Business Group on Health shows signs that corporate executives might be warming to the idea of government getting more involved to rein in the excesses of the healthcare system. It’s affecting their bottom lines, and they won’t stand for that. Big changes are coming.
SUMMARY: The current state of healthcare is unsustainable. Please read that again. There are too many players who are taking too much money in profits while adding little if any value.
HEY NOW: Cardiovascular disease costs $351 billion annually in health care spending and lost productivity, while diabetes costs $327 billion annually. These costs are largely because 71% of Americans are overweight and 42.5% are obese. It’s more of a national emergency than Covid, but you won’t find it in the news.
SUMMARY: (Axios) The U.S. spent $3.8 trillion on health care last year, accounting for about 18% of the entire American economy, according to new federal data. The U.S. has by far the most expensive health care system in the world, and every year it eats up a little more — from the federal government, states, employers, and individuals. This is unsustainable.
QUICK READ: The American healthcare system is too damn profitable for any reasonable reforms. If we don’t address this issue head-on when will we?
QUICK READ: States lifting stay-at-home orders may not begin to bring patient volumes back for primary care physicians for several months, according to a new survey.
QUICK READ: According to the NY Times “the American health care industry is not good at promoting health, but it excels at taking money from all of us for its benefit. It is an engine of inequality”. Yes, our health care system has become a pile of money for a lot of players, but we can’t ignore the fact that Americans are the most obese population and that only 30% of us get the recommended levels of exercise.
QUICK READ: Healthcare costs are a key part of the upcoming election but misinformation spreads quickly as we are learning with the Coronavirus. Yes, some drug prices are high but drug prices are only $.10 of every healthcare dollar spent. DTC marketers can’t continue as before; changes need to be made.