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A Closer Look at Health Care, Part 3

Posted by Preferred Benefits on April 29, 2008

This week we will conclude our look at health care reform and the recent study by Michael Tanner of the Cato Institute. By studying the health care systems of other nations throughout the world, Tanner learned lessons that he says can be useful to the United States.

 

As you will recall, the last two weeks we looked at 1.) overall findings of the study and 2.) actual U.S. health care spending and the WHO’s ranking of the U.S. as 37th of 191 health care systems.

 

Tanner concludes his study by acknowledging that the U.S. health care system has its problems, including rising costs, too many people without health insurance, and uneven quality of care. He notes that each system in place in other countries has its challenges and also points out that none of these other systems would “translate directly to the United States.” Tanner explains that, “Americans are unlikely to accept the rationing or restrictions on care and technology that many countries use to control costs. Nor are U.S. physicians likely to accept a cut in income to the levels seen in countries like France or Germany.”

 

“The broad and growing trend in countries with national health care systems is to move away from centralized government control and introduce more market-oriented features,” according to Tanner. Therefore Tanner believes United States policymakers should take a close look at that trend in making decisions for the future of the health care system. In fact, he says if we can take one lesson from health care systems of other nations around the world, “it is not to follow the road to government-run national health care, but to increase consumer incentives and control. The United States can increase coverage and access to care, improve quality, and control costs without importing the problems of national health care.”

 

Here are a few more findings from the study we found of particular interest and wanted to share.

  • U.S. patients are actually more likely than Canadians to receive preventive care for chronic or serious health conditions.
  • Strong evidence suggests that the exposure of Swiss consumers to the cost consequences of their health care decisions has made them more conscious consumers.
  • More than two-thirds (69 percent) [of Italians] believe that giving patients more control over health care spending will improve the system’s quality. And 55 percent believe that it should be easier for patients to spend their own money on health care.
  • One out of every three Canadian physicians sends a patient to the United States for treatment each year, and those patients along with the Canadian government spend more than $1 billion annually on health care in this country.
  • Alan Jacobs of Harvard points out that despite significant differences in goals, content, and strategies, European nations are generally converging toward market practices in health care. Thus, even as Americans debate adopting a government-run system, countries with those systems are debating how to make their systems look more like that of the United States.”

 

Well, we’re sure the debate will continue, but we found Michael Tanner’s study to be most enlightening, and we hope you have benefited from taking a look at some of his findings. If you would like to review the entire study, it can be found at http://www.cato.org/pub_display.php?pub_id=9272.

 

 

At Preferred Benefits LLC we can help you do a realistic assessment of your current insurance portfolio. We can make suggestions that may save you money and in other cases even expand your coverage for the money you are currently spending. Such an assessment should be done annually.

 

Please contact us for a FREE assessment of your insurance portfolio. This personalized customer service is a cornerstone of our business. We look forward to being of service to you.

 

Valerie Reeves

Leticia Dominguez

 

PREFERRED BENEFITS LLC

TOLL-FREE 877-302-5810

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A Closer Look at Health Care, Part 2

Posted by Preferred Benefits on April 23, 2008

This week we’ll continue our look at Michael Tanner’s study regarding national health care systems around the world. Specifically we’ll look at actual healthcare costs in the U.S. and also at the World Health Organization’s ranking of the United States as 37th of 191 health care systems worldwide.

 

U.S Healthcare Spending

The United States spends more than other countries on health care. As Tanner points out in his study, though, “health care spending is not necessarily bad. To a large degree, America spends money on health care because it is a wealthy nation and chooses to do so.” Tanner cites economists who call health care a “normal good,” which means that spending relates to income and when income goes up, people spend more on that “good” of healthcare. He goes on to say that “because we are a wealthy nation, we can and do demand more health care.”

 

World Health Organization Ranking

Another interesting point of Tanner’s study relates to the World Health Report 2000 that ranked the U.S. health care system 37th among 191 systems worldwide. According to Tanner, the WHO conclusions are flawed due to the use of “highly subjective measures” such as “fairness” in relation to things that don’t necessarily relate to a country’s health care system.

 

In fact another Cato Institute researcher, Glen Whitman, produced a study entitled “WHO’s Fooling Who? The World Health Organization’s Problematic Ranking of Health Care Systems.” Whitman says, “The WHO rankings depend crucially on a number of underlying assumptions – some of them logically incoherent, some characterized by substantial uncertainty, and some rooted in ideological beliefs and values that not everyone shares.”

 

Tanner points out that though the U.S. received a poor overall ranking, the WHO report ranked the “United States number one in the world in responsiveness to patients’ needs in choice of provider, dignity, autonomy, timely care, and confidentiality.” In addition, he notes that other studies show that the U.S. tops the charts in cancer survival rates – with about 62.9 percent of men surviving at least five years after a cancer diagnoses, and 66.3 percent of women surviving cancer at the five-year mark. These numbers are significant when compared with other countries such as Italy, Spain and great Britain, whose survival rates go as low as 44.8 percent (men in Great Britain) and only top out at 59.7 percent (men in Italy).

 

Next week we’ll take one final look at Tanner’s study and the lessons he says we can learn from looking at the health care systems of other nations. Again, if you’d like to review the entire study, go to http://www.cato.org/pub_display.php?pub_id=9272.

 

At Preferred Benefits LLC we can help you do a realistic assessment of your current insurance portfolio. We can make suggestions that may save you money and in other cases even expand your coverage for the money you are currently spending. Such an assessment should be done annually.

 

Please contact us for a FREE assessment of your insurance portfolio. This personalized customer service is a cornerstone of our business. We look forward to being of service to you.

 

Valerie Reeves

Leticia Dominguez

 

PREFERRED BENEFITS LLC

TOLL-FREE 877-302-5810

Spread the word

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A Closer Look at Healthcare, Part 1

Posted by Preferred Benefits on April 15, 2008

It’s an election year, and we’re hearing a great deal about healthcare reform from Presidential candidates. In addition to the attention directed at this topic by political candidates, many will recall a recent movie by Michael Moore, entitled SiCKO, that praised the healthcare systems of other countries such as Canada and France.

 

Just last month the Cato Institute released a study about healthcare systems of other industrialized nations (all with some variation of a “universal” healthcare system). We found it to be quite interesting and wanted to share some of the information from that study.

 

Michael Tanner of the Cato Institute took a closer look at healthcare systems of countries around the world to determine if the United States should indeed adopt a government-run healthcare system as many suggest. Below is an excerpt from Tanner’s report entitled “The Grass is Not Always Greener: A Look at National Health Care Systems Around the World.”

 

“Overall trends from national health care systems around the world suggest the following:

  • Health insurance does not mean universal access to health care. In practice, many countries promise universal coverage but ration care or have long waiting lists for treatment.
  • Rising health care costs are not a uniquely American phenomenon. Although other countries spend considerably less than the United States on health care, both as percentage of GDP and per capita, costs are rising almost everywhere, leading to budget deficits, tax increases, and benefit reductions.
  • In countries weighted heavily toward government control, people are most likely to face waiting lists, rationing, restrictions on physician choice, and other obstacles to care.
  • Countries with more effective national health care systems are successful to the degree that they incorporate market mechanisms such as competition, cost sharing, market prices, and consumer choice, and eschew centralized government control.”

 

Tanner’s study is in-depth and examines the healthcare systems of France, Italy, Spain, Japan, Norway, Portugal, Greece, Netherlands, Great Britain, Switzerland, Germany and Canada. Because of the vast amount of information, we’ll discuss this topic for the next couple weeks, but if you would like to view the entire study, go to http://www.cato.org/pub_display.php?pub_id=9272.

 

At Preferred Benefits LLC we can help you do a realistic assessment of your current insurance portfolio. We can make suggestions that may save you money and in other cases even expand your coverage for the money you are currently spending. Such an assessment should be done annually.

 

Please contact us for a FREE assessment of your insurance portfolio. This personalized customer service is a cornerstone of our business. We look forward to being of service to you.

 

Valerie Reeves

Leticia Dominguez

 

PREFERRED BENEFITS LLC

TOLL-FREE 877-302-5810

Spread the word

del.icio.us Digg Furl Reddit Ask BlinkList blogmarks Google Ma.gnolia Netscape RawSugar Rojo Shadows Simpy Socializer Spurl StumbleUpon Tailrank Technorati Windows Live Wists Yahoo! Help

 

 

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