the different government tasks in health care

п»ї STAGE 1 TASK 1

In this new report MGI finds that the United States spends approximately $480 billion ($1, 600 per capita) more on health care than other OECD countries and this additional spending is not explained by a better disease burden; the research demonstrates the US inhabitants is not really significantly sicker than the different countries examined. (www.mckinsey.com)

Robert Frank, a Cornell economist, has suggested new ways of overcome the opposition to many kind of government- (and as a result taxpayers-), financed solution to the situation. He provides put his finger for the two main obstacles to major enhancements made on the current system, insurance company competitors and bigger taxes. He suggests that insurance firms, who have acted in good faith to respond to incentives given by the market, could possibly be subsidized because of their losses while their managements shift their health insurance tactics, perhaps to provide only supplemental private protection. A portion from the $280 billion in total annual savings recommended above could be used for this purpose. (www.hbswk.hbs.edu/item/5645)

Booz Allen Hamilton recently sponsored a panel dialogue on " The Government Government's Position in Medical Innovation. ” The -panel focused on government programs, polices and policies that can lessen barriers and foster advancement in healthcare delivery and medical application in the United States. Participating on the -panel and in the group discussion were leading professionals from paying customer, provider, and life science companies inside the biotechnology and pharmaceutical areas, as well as key policy creators and personnel from government agencies. While participants acknowledged the challenges, that they agree that government should certainly play a continuing role—and, in most cases, a heightened role—in endorsing innovation in a number of key areas. (www.boozallen.com)

Featuring targeted money to support...

Recommendations: www.boozallen.com

www.hbswk.hbs.edu/item/5645

www.mckinsey.com