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The Health Care Cost Crisis

Is there a health care cost crisis?  Many businesses believe this country is experiencing a health care cost crisis. 

In March 2007, the National Association of Manufacturers (NAM) provided a number of "talking points".  The NAM believes that:

  • our health care cost crisis is one of the biggest challenges facing manufacturers today.

  • aggressive action by both public and private sectors could help reduce this health care cost crisis.

  • health care cost is the biggest barrier to health coverage for all.

  • health information technology should be utilized to a greater degree.

  • wellness prevention programs could maintain our health.  Workers need to be conscious of and encouraged to support wellness prevention programs.

  • common sense medical liability reform is needed to control health care costs

Source:  NAM

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Health Care Cost Crisis; An Operation

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In 2003, the Wisconsin Economic Summit IV published a report (available online in PDF) titled "The Health Care Cost Crisis in Wisconsin: An Economic Development Prognosis".  The PDF stated "... Wisconsin and the nation are in the midst of a health care cost crisis that, if ignored, will severely hamper our ability to care for our citizens, grow our economy, and improve the quality of health care."  The PDF goes on to discuss the enormous complexity of the health care cost system, and outlines steps that might be taken to begin to solve it.

The PDF goes on to explain that, with such enormous diversity of interest and fragmentation, solutions are bound to be controversial.  Ten (10) important drivers of the health care cost crisis were presented in descending order.  While it is beyond the scope of this web site to even begin to discuss those 10 drivers, allow us to comment on one of them. 

Of the 10 drivers identified, #4 was Population Lifestyle.  Even this singular driver has many elements to it.  We have the aging boomer population which will severely tax the health care systems ability to deliver care in the short term.  We have the breakdown between races, sex, and poverty status.  And then we have the simple element of "lifestyle choices" which can cross all demographics.  Simply stated:  Poor lifestyle choices like smoking, drinking, lack of exercise, and overeating eventually lead to poor health.  Poor health, in turn, places a demand for services on our health care system.  This demand, which often could be avoided, is a key contributor to the health care cost crisis. 

How can one AVOID becoming a contributor to the health care cost crisis?  Educate yourself.  Become informed about healthy lifestyle choices and unhealthy lifestyle consequences. 

Contact CHIP to learn more.  "Be Healthy by Choice, Not by Chance!".

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