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Healthcare
Medicare-Medicaid Reform |
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The US economy is on a collision
course with financial disaster if we don't find the will and the
means to rein in out-of-control healthcare spending.
We currently devote 17% of GDP to
healthcare, but with the rapid increase in costs, as well as the
number of people who will be added to the Medicare rolls in the
next decades, we are on a trajectory to reach 30% of GDP. In
reality, we will never get to this point as the country will be
bankrupt before we reach this level. While there is universal
recognition rising healthcare costs are a threat to our solvency,
Congress has been unwilling to make difficult choices to
fundamentally alter the healthcare delivery system - and this
includes the recent healthcare legislation which failed to “bend
the cost curve” in a meaningful way.
To put the magnitude of the
problem in perspective, recent estimates indicate that based on
current law and a projection of expected tax revenue, Medicare by
itself is under funded by $40 trillion. This is a number so large
it is hard to conceive how we could possibly find the means to pay
to keep the program in place unless we make radical, system-wide
changes. We do have one answer to solving the problem - the longer
we wait to make these tough changes, the harder it will be to
develop a system whose future costs will be affordable.
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As with any program Congress
has implemented, change will be difficult and will require
sacrifice from all parts of society. This will include those
who receive care, those who deliver care, and those who pay
for care. We must start now with changes that include the
following:
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Eliminate Fee
for Service:
Medical tradition in the US has been to charge for each
service provided. This has led to an explosion of
unnecessary testing (partly due to liability concerns by
doctors), and a dramatic increase in costs without any
evidence extra tests make us healthier. We must develop a
system where costs are allocated based on maintaining the
health of the patient and should not be measured by the
number of test performed. Fee-for-service cannot continue in
its present form if we hope to reduce the growth of medical
costs.
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Reduce Waste
in Administration:
Fragmentation of services makes management of costs
impossible and leads to administrative overheads of 25% to
30%. We must develop systems that can lower these costs.
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Malpractice
Reform:
Malpractice costs have risen dramatically, pushing doctors
to protect themselves by ordering extra tests even if they
are unsure the tests are necessary. This must change. One
option is to create special courts to handle malpractice
claims to avoid presenting difficult technical cases to
untrained jurors.
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Reduce Fraud
and Abuse:
Estimates of
Medicare fraud range upwards to $90 billion per year. In
some parts of the country the most lucrative crime is no
longer selling drugs but engaging in Medicare fraud.
Congress must get serious about stopping this waste.
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Coordinate
Care Through Primary Care Physicians:
Better
utilization of PCPs, who would be responsible for the
overall success in managing patient care, will reduce costs.
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End-Of-Life
Counseling:
While some
might call end-of-life counseling “pulling the plug on
grandma”, this is a shameful exploitation of a simple fact -
we all die. Where we die and how we die, given the amazing
ability for medical technology to keep us alive, should be
our choice, if possible. Decisions between patient and
counselor that reflect the dignity of life and the path we
all must take are appropriate, and can lead to lower end of
life costs while meeting the needs and desires of the
patient.
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Manage
Chronic Disease:
We create many of the problems that lead to higher medical
costs. Lifestyle abuses have led to an epidemic of obesity,
diabetes, and heart disease. Implementing programs that
monitor a patient's health in real time and encourage
lifestyle changes will lead to a reduction in health care
costs.
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Wellness
Programs:
Recognizing
we can have a positive impact on costs, wellness programs
should be implemented to encourage greater personal
responsibility for our own long-term health.
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Universal
Coverage:
The US spends 2x the amount of money on healthcare compared
to other developed countries. If we can accomplish essential
changes to the health care system to reduce costs, we will
be able to offer universal coverage for basic and essential
healthcare to all citizens. Given our system for treating
anyone who comes through the doors of a hospital regardless
of ability to pay, we already have a dysfunctional universal
system that serves no one well. Let’s spend our medical
dollars efficiently so we can cover all our citizens.
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For 40 years, healthcare costs
have increased more than twice the rate of GDP. If this continues,
it will bankrupt the country which means it’s time for Congress to
find solutions for the problems that are evident to all. We will
be judged by future generations as either rising to the challenge
or withering in the face of tough choices. Shame on us if we don't
have the will to change and sacrifice for the good of the
generations who will follow.
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It's time for
fiscally responsible, independent representation for NH
in Congress
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It's
time for Tim !
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