Competition and the power of educated consumers keep the price of flat screen TVs in check. Why can’t it do the same for health care?
On a closely related topic, I believe we also need to focus on wellness in the workplace, in our schools and in our families. According to the U.S. Centers for Disease Control and Prevention, more than 75 percent of U.S. health care spending goes toward paying for medical care associated with chronic and often preventable medical conditions such as diabetes and congestive heart failure. 75 percent! Imagine how much we could save if we focused more of our energy on wellness and prevention.
Once savvy consumers discover the financial advantages of wellness, they’ll exercise, eat right and adopt other healthy behaviors like they’re clipping coupons.
Do you agree? Disagree? Comment below and let me know what you think.