Unlike individual workers or even corporations, managed care companies can increase revenue by simply raising premiums, which uniquely situates them as survivors in this landscape.
The graph of health care costs, below, indicates that the slope of the rise in costs is untenable. It will bankrupt the country, its populace and physicians. The only survivor will be managed care.
This is a horrid view of the future which we as physicians must attenuate even at some cost to ourselves. You can't just sit there and say to heck with reform, as physician disinterest in a plausible solution will be tantamount to a death warrant to a great portion of the population.
This is a horrid view of the future which we as physicians must attenuate even at some cost to ourselves. You can't just sit there and say to heck with reform, as physician disinterest in a plausible solution will be tantamount to a death warrant to a great portion of the population.
This chart, below, shows the rise in workers' wages, corporate profits, and insurance company premiums adjusted for inflation over a 20 year time span ending in the present day.
As we can see here, the American worker has received only a one percent increase in wages over this time period, effectively paying for the rise in his or her health care costs. This also demonstrates the ease with which the managed care company will be able to weather the storm.
-Bob
As we can see here, the American worker has received only a one percent increase in wages over this time period, effectively paying for the rise in his or her health care costs. This also demonstrates the ease with which the managed care company will be able to weather the storm.
-Bob
talk about the need to 'bend the curve' - nice illustration bob!
ReplyDeletecr
Lady or Tiger? Hobson, please call your office.
ReplyDeleteTo John Q Public, the debate looks something like this.
ReplyDeleteAnyone have more napkins?