National Healthcare Trends - Notes from the Healthcare Staffing Summit 2009 [Pt. 3]

Keynote with Senator Tom Daschle: National Healthcare Trends and Issues and Their Impact on the Healthcare Workforce

Being in D.C. last week, you couldn't help finding yourself in discussions about healthcare reform and its impact on the healthcare staffing industry. The highlight of the Healthcare Staffing Summit was listening to former Senator, Tom Daschle speak on the topic. Whether you agree with him politically or not, you can’t argue with his knowledge and command over the topic of healthcare, as well as his speaking ability. It was an amazing opportunity to hear him.

Here are some highlights of his speech from my notes:

• Reforming healthcare is a transformative event, equivalent to similar events that happened after WW2, the civil rights movement and 9/11.
• 50 million people are uninsured at part or all of the year and 48% of those insured are not adequately insured.
• The U.S. is the only industrialized country that has a problem with healthcare coverage for its citizens.
• Healthcare costs everyone in the U.S. about $8K per person. This is 40% higher than the next highest country – Switzerland.  22% of these costs go to administration.
• Starbucks spends more on healthcare than they do coffee. 
• Ford spends more on healthcare than they do steel.
• Medical costs are the #1 reason for personal bankruptcy (over 50%) in this country.
• The U.S. starts its spending on healthcare at the most expensive part of the cost pyramid (the top) and works its way down, running out of money before everyone can be covered. Other societies work in reverse, in order to cover more people adequately at a more cost effective rate.
• Senator Daschle calls the debate about healthcare reform “the noise of democracy” which he states is “far better than the noise of violence.”
• Healthcare reform will create a tremendous demand for healthcare professionals, thereby having a positive effect on the healthcare staffing industry.
• Today we have 21^st century operating rooms with 19^th century administration.
• Primary areas of the healthcare reform bill without consensus - public option; financing mechanism of $1 Trillion; to what extent cuts should be part of funding, mandates; role of the employers; medical malpractice; insurance companies selling across state lines; federal health board.

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Notes from the Healthcare Staffing Summit 2009 [Pt. 1]