Drilling Down on the AHCA Debate
The House passed a bill to repeal much of the ACA yesterday. But you know what? They’ve done that close to 50 times before. Senate leadership has already indicated that the bill just passed is not the version that, if any, will make it out of the upper chamber. Seems like the right time to talk about the issues that exist in the House bill, and an even better time to think bigger picture – what are we missing? So much of the conversation is centered around whether people have access to insurance and how much premiums will cost. But what about the rapidly rising costs of healthcare overall?
We’re seeing it play out: rising expenses, declining admissions, and flattening reimbursements are making healthcare an unfortunate reality for many. The squeeze is being felt across the country… from our largest academic medical centers all the way down to patients and their families. Healthcare’s costs have risen at an unsustainable rate – spending accounted for $3.3 trillion in 2015, and is 18 percent of the US economy today.
In the short term as this bill falls to the Senate, we will continue to see a polarized debate – hand wringing, emotion, and chaos. And it’s not surprising – the issues at hand are personal and economically critical to get right. I’m hopeful that this debate will get us talking about the elephant in the room we really need to address – the true COST of healthcare and the underlying root causes of dysfunction. What we pay for healthcare’s “products” - procedures, surgeries, visits, etc. seems to only go up amidst a backdrop that is complicated, overburdened, and under connected.
At the end of the day, I think we all want the same thing: access and choice around healthcare.
And now, more than ever we are hearing incredibly moving stories from our neighbors, celebrities, and others that pull on the heart strings around what happens when access is compromised; but, we can’t fully tackle the access issue if we continue to ignore healthcare’s underlying failing infrastructure and out of control costs. If as a country we can enable market forces to take root in healthcare and replace the siloed technology backdrop, we can drive accelerated and meaningful change across care cost, quality and access.
Healthcare is something we all own and must demand more from. This shouldn’t be a partisan issue, it should be our country’s most bi-partisan initiative and point of pride. Now is a time to come together and push on government officials to rise above the discourse and fix some of the underlying dysfunction – and there’s a lot of it.
Physician scientist, believer in reason, ethics, and health equity, veteran, author. Bio bit.ly/3JX5KXS
7 年Good discussion with a reasonable view of the likely outcome. Remember that unaffordable treatment is the same as no treatment. Accessibility can only be achieved with financial control, starting with Pharmaceuticals.
Founder @ Sirica Therapeutics | Building Innovative Autism Therapy
7 年You raise some good points, Johnathan! We need to change our thinking from paying for specific goods and services to paying for health. In other words, we need to pay for the value (outcomes) that these goods and services bring. Otherwise, the costs will keep going up without demonstrated value.
Physician?Consultant? Innovator
7 年Healthcare is a product, empowered by our 'rights' to own. Potentials for profit are huge. Profitable products attract interest. Interested parties will lobby and sell you on 'health'. Patients and caregivers alike, are just pions in this profiteering machine. Follow the money,and start at the top. Stop squeezing the bottom!
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7 年Cost is a major issue. I was still in school when the ACA was being "born", and I was 1 of very few who wasn't happy about it because I expected the present long term outcome to happen. Don't get me wrong, everyone deserves healthcare and access to it, but affordability is very important.
Senior Vice President, McKeon Group, Inc.
7 年interesting perspective