Posts Tagged ‘United States’
Tuesday, July 13th, 2010
Real annual per-capita health spending climbed 4.2 percent between 2000 and 2008 in Organization for Economic Cooperation and Development (OECD) countries, according to a new study. Not surprisingly, the United States led the pack of 31 nations with healthcare spending as a proportion of GDP rising by 16 percent. Next in line were France (11.2 percent); Switzerland (10.7 percent); Austria (10.5 percent); and Germany (10.5 percent). Healthcare spending in the United States was $7,538 person. Compare that to $5,003 in Norway; $4,627 in Switzerland; $4,210 in Luxembourg; and $4,079 in Canada.
According to the OECD, healthcare spending is rising faster than economic growth. The average ratio of healthcare spending to GDP rose from 7.8 percent in 2000 to nine percent in 2008. Technological changes, an aging population and high expectations are among the factors driving up costs, a situation that is unlikely to change in the near future. The Great Recession also led to increases in the ratio of healthcare spending to GDP in several countries. Ireland, for example, saw an increase from 7.5 percent in 2007 to 8.7 percent in 2008, while it rose from 8.4 percent to nine percent in Spain.
Government pays for healthcare coverage in the majority of OECD nations. As a result, government spending on healthcare rose from an average of 12 percent in 1990 to 16 percent in 2008. As a result, nations currently under pressure to reduce budget deficits have some difficult decisions to make to sustain their healthcare systems. The options are to cut the growth of public spending on healthcare, cutting other expenditures, or raising taxes.
Tags: Austria, Canada, France, GDP, Germany, Great Recession, Healthcare, Ireland, Luxembourg, Norway, Spain, Switerland, United States
Posted in Healthcare, Hospital Systems | 1 Comment »
Tuesday, March 30th, 2010
Now that Congress has passed healthcare reform legislation, conservative radio talk show host Rush Limbaugh might start heading to Costa Rica for medical treatment. The irony is that the Central American nation for years has had a socialized healthcare system. All citizens of Costa Rica – even foreign residents – must pay into the government-run healthcare system, whether or not they use it.
Limbaugh’s choice reflects the fact that Costa Rica is an excellent destination for medical tourism, with a life expectancy that exceeds that of the United States. The World Health Organization ranks Costa Rica at # 36 in terms of the quality of healthcare provided, while the United States ranks # 37 – despite the fact that Costa Ricans spend 87 percent less per capita on healthcare. The free coverage applies to 86.8 percent of the population. Cheaper labor costs and fewer lawsuits for malpractice help to control prices.
“People travel to Costa Rica (and) receive the same quality of medical services for a fraction of the cost,” said Jorge Cortes, president of the Council for International Promotion of Costa Rica Medicine and medical director of Hospital Biblica, a private and internationally accredited hospital. “When people see they can get the same surgery for three or four times less, they decide to get medical care abroad.” The price differences are stunning. A knee replacement that might cost $45,000 in the United States would cost $11,000 in Costa Rica.
Tags: Central America, Congress, Costa Rica, healthcare reform, Hospital Biblica, Rush Limbaugh, United States, WHO
Posted in Healthcare | No Comments »
Wednesday, July 22nd, 2009
The House of Representatives has proposed a $1.5 trillion package that would make healthcare coverage a right and a responsibility for all citizens. If passed, medical providers, employers and the wealthy would pick up the tab. The United States is the only developed nation that lacks healthcare coverage for all citizens, and approximately 50 
million people do not have access to insurance.
“We cannot allow this issue to be delayed. We cannot put it off again,” says Representative Henry Waxman, a California Democrat and chairman of the House Energy and Commerce committee. “We quite frankly cannot go home for a recess unless the House and the Senate both pass bills to reform and restructure our healthcare system.”
President Obama is promoting healthcare reform every chance he gets. In a Michigan speech about spending for community colleges, he said, “There’s going to be a major debate over the next three weeks. And don’t be fooled by folks trying to scare you saying we can’t change the healthcare system. We have no choice but to change the healthcare system because right now it’s broken for many Americans.”
Organizing for America – Obama’s campaign organization – is launching a series of 30-second television ads on healthcare reform that will air in Washington D.C., on cable networks nationally and on local stations in eight states. The ads depict ordinary citizens telling their stories about problems with the current healthcare system.
Tags: American, Democrat, Healthcare, healthcare reform, healthcare system, House Energy and Commerce committe, insurance, medical providers, Michigan, Obama campaign, President Obama, Senate, United States, Washington DC
Posted in Economics, Healthcare, Hospital Systems | No Comments »
Tuesday, July 21st, 2009
A crucial Senate committee has approved legislation to reform the nation’s healthcare system. This is significant because it marks the first time the committee has acted on legislation to fulfill President Obama’s goal of reshaping how healthcare is paid for in the United States.
Specifically, the Health, Education, Labor and Pensions Committee voted 13 – 10 — along strict party lines — to endorse a $600 billion measure to expand coverage to virtually all Americans by requiring individuals to get insurance with their employers contributing to the cost. If enacted into law, the legislation would provide federal aid to families and individuals who make less than four times the poverty level – approximately $88,000 for a family of four.
The committee’s chairman, Senator Ted Kennedy of Massachusetts, missed the vote because of his ongoing treatment for brain cancer. Even though Senator Kennedy is acting behind the scenes in the push to pass this legislation, he remains one of the prime movers for enacting healthcare reform.
Tags: brain cancer, education, federal aid, health, Healthcare, healthcare reform, labor, legislation, Massachusetts, Pension Committee, President Obama, Senate, Senate committee, Senator Kennedy, Senator Ted Kennedy, United States
Posted in Economics, Healthcare, Hospital Systems | No Comments »
Tuesday, July 21st, 2009
The Republican National Committee’s (RNC) response to the Obama Administration’s and Congressional Democrats’ efforts to pass healthcare reform legislation was to sponsor a “Hillarycare revisited” fund raising effort.
The RNC warned against “Obamacare” and pointed out that the government “already run
s car companies, banks and mortgage companies. Republicans believe that the last thing the American people want is government telling them when and where – or even whether – they can get medical treatment for their families.” “Hillarycare” refers to former President Bill Clinton’s failed attempt at reforming healthcare during the 1990s, an effort led by his wife, Hillary Clinton.
Republicans like John Boehner (R-OH) have raised the specter of a “bureaucrat standing between you and your doctor.” Perhaps it’s worth considering that we currently have an insurance company bureaucrat performing the same role. Also, government administered health options are almost uniformly popular. The World Health Organization ranks France’s healthcare system as the world’s finest, contrasted to the United States, which scored 37th. The United Kingdom’s combination of publicly and privately funded healthcare ranked 18th in the World Health Organization’s survey.
Tags: American, banks, bureaucrat, car companies, Congressional Democrats, doctor, France, government, government administered health, Healthcare, healthcare reform, healthcare system, Hillary Clinton, Hillarycare, insurance company bureaucrat, John Boehner, legislation, mortgage companies, Obama administration, Obamacare, President Bill Clinton, R-OH, Republican National Committee, Republicans, RNC, United Kingdom, United States, WHO, World Health Organization
Posted in Economics, Healthcare, Hospital Systems | No Comments »
Tuesday, July 14th, 2009
A new report — “F” as in Fat: How Obesity Policies are Failing in America 2009 – gives America a failing grade on its efforts to control obesity among children and adults.
The report, released by the Trust for America’s Health (TFAH) and the Robert Wood Johnson Foundation, found that 
obesity rates rose in 23 states during 2008, with no states showing decreases. The number of overweight children is at or above 30 percent in 30 states.
Mississippi came in dead last for the fifth year in a row, with an adult obesity rate of 32.5 percent. Three states were close runners up: West Virginia reported a 31.2 percent obesity rate; Alabama had 31.1 percent; and Tennessee had 30.2 percent. On the opposite side, the states reporting the lowest obesity rates were Colorado with 18.9 percent; Massachusetts with 21.2 percent; Connecticut with 21.3 percent; Rhode Island with 21.7 percent and Hawaii with 21.9 percent.
“Our healthcare costs have grown along with our waistlines,” according to Jeff Levi, PhD, TFAH’s executive director. “The obesity epidemic is a big contributor to the skyrocketing healthcare costs in the United States. How are we going to compete with the rest of the world if our economy and workforce are weighed down by bad health?”
Fully two thirds of American adults are now overweight or obese. Adult obesity rates are higher than 25 percent in 31 states, and above 20 percent in 49 states and Washington, D.C. Compare this with 1991, when no state reported an obesity rate higher than 20 percent.
Tags: adult obesity, Alabama, America, Colorado, Connecticut, Hawaii, healthcare costs, Massachusetts, Mississippi, obese, obesity, obesity epidemic, obesity policy, overweight, overweight children, Rhode Island, Robert Wood Johnson Foundation, Tennessee, TFAH, Trust for America Health, United States, Washinton DC, West Virginia
Posted in Healthcare Village, Wellness Centers | No Comments »
Thursday, June 25th, 2009
A developer with more than 41,300 acres in Osceola County in Central Florida (just south of Orlando) is envisioning the first eco-sustainable city in the United States and will be called Destiny, FL.
Destiny has been recognized by The Clinton Climate Initiative as one of 16 large-scale urban projects demonstrating that cities can grow while reducing carbon emissions to near zero.
Destiny’s developers are currently considering a solar plant that would produce power at about 40 cents per kilowatt. Intuitively, it would also need to incorporate green technology, eco-friendly companies, a gray water irrigation system, environmental research groups, and “green collar” jobs. It is slated to break ground in 2011 and will eventually include approximately 100,000 residential units and 30 million SF of non-commercial space to support a population of 200,000 to 250,000 residents. This is in step with President Obama’s focus on alternate energy. The American Reinvestment and Recovery Act (ARRA) includes $20 billion in tax cuts for alternative energy including a multiyear extension of the production tax credit for wind, geothermal, hydro power and bio-energy. Additionally, President Obama has pledged to invest $150 billion over 10 years to develop alternative energy, which he says will create 5 million jobs.
Tags: alternative energy, American Reinvestment and Recovery, ARRA, bio-energy, carbon emissions, Central Florida, Destiny, Destiny FL, developer, eco-friendly, eco-sustainable city, employment, Florida, geothermal, gray water irrigation, Green, green technology, hydro power, jobs, Orlando, Osceola County, President Obama, solar plant, tax credit, The Clinton Climate Initiative, United States, urban project, wind
Posted in Healthcare | No Comments »
Wednesday, June 24th, 2009
Now is the time for healthcare providers to take a proactive approach to the well-being of their respective communities and target markets. The American Recovery and Reinvestment Act (ARRA), signed into law by President Obama on February 17, contains $1 billion for the new Prevention and Wellness Fund. This Fund will make available resources for funding immunization programs; infection prevention programs; and the prevention of 
chronic diseases such as high blood pressure, diabetes and heart disease. Based on statistics provided by the Center for Disease Control and Prevention, more than 70 million people in the United States (approximately 25 percent of our total population) live with cardiovascular disease. Wellness programs have a direct impact on the prevention of these diseases and will be an important components of any preventative program.
Healthcare providers have historically been hesitant to invest in wellness and fitness centers due to the capital resource requirement and uncertain return on investment. With careful planning and strategic development, these facilities can bring a substantial new revenue stream into the organization. Skeptics may point to the Medical Fitness Association, which reports that in 2008 there were approximately 950 medically based wellness and fitness centers in the United States, with one-third reporting operating losses.
While such risks do exist, investing in wellness facilities and programs that directly address the prevention of chronic disease have the potential for more than satisfactory financial results. If managed with a clear direction, thought and competence, these facilities can provide a financial return far more attractive than the equities market has offered in the recent past. The resources allocated to fight chronic disease will come back tenfold in cost reductions over the long term.
Now is the time to invest in the well-being of our future. We should not wait for another opportunity like the one Congress and President Obama have provided. We need to take advantage of this now.
Tags: American Recovery and Reinvestment, ARRA, capital, cardiovascular disease, Center for Disease Control and Prevention, chronic diseases, Congress, diabetes, equities market, financial return, fitness centers, Healthcare, healthcare providers, heart disease, high blood pressure, immunization programs, infection prevention programs, law, Medical Fitness Association, President Obama, prevention, prevention program, revenue, strategic development, target markets, United States, US, wellness programs
Posted in Healthcare, Healthcare Village, Wellness Centers | No Comments »
Friday, June 12th, 2009
Another sign of the healthcare industry’s growth trajectory is the news that Roosevelt University is opening a College of Pharmacy at its Schaumburg, IL, campus. According to Dean George MacKinnon III, the college’s initial courses will begin in the fall of 2011 and enroll approximately 65 students.
Pharmacology is a high-demand, well-paying field, thanks to the aging American population and the healthcare industry’s increasing dependence on prescription drugs. The United States spends $986 million annually on prescription
drugs – the highest in the world. Statistics from the Bureau of Labor Statistics indicate that pharmacy jobs will grow by 22 percent between 2006 and 2016 – a rate that translates to solid career prospects in a demanding field.
Michael Patton, executive director of the Illinois Pharmacists Association, notes that the shortage of qualified pharmacists means that new graduates can easily find $100,000 a year jobs with very little effort. They may be aggressively recruited by nationally branded pharmacy companies that offer lucrative incentive packages such as signing bonuses and student loan repayment programs.
Roosevelt is speeding up the training process by offering a three-year program versus the traditional four-year curriculum. With tuition expected to run between $30,000 and $40,000 per year, this will let new pharmacists enter the workforce sooner rather than later.
Tags: Bureau of Labor Statistics, college, College of Pharmacy, Dean George MacKinnon III, Healthcare, healthcare industry, Illinois, Michael Patton, pharmacology, prescription drugs, Roosevelt, Roosevelt University, Schaumburg, students, United States
Posted in Healthcare | No Comments »
