Putting Health into the Health Care Debate

via RAND Corporation

One of the many curious aspects of the recent presidential election was the virtual absence of discussion about America’s health. To be sure, the Affordable Care Act, also known as Obamacare, was front and center, but the Obamacare debate has largely been about the costs of care and insurance coverage.

Neither candidate devoted much airtime to the return America is getting for spending over 17 percent of its gross domestic product on health care. The short answer is not nearly enough.

More than a decade ago, some of my RAND colleagues published a seminal study indicating that adult Americans, on average, receive roughly half of recommended care (e.g., an important lab test or the right medication for a diagnosed condition). This finding held across various types of care—preventive, acute, chronic—and across an equally varied set of conditions, as well as for a range of geographic areas and for different demographic subpopulations, like children and the elderly. Unfortunately, there is no reason to believe that things have improved since the study was published.

Read the full article here

About thebenefitblog

Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
This entry was posted in Uncategorized. Bookmark the permalink.