As I do most mornings, I was watching NBC’s Today show as I was getting ready for work this morning. CNBC’s Maria Bartiromo and Matt Lauer were having an interesting exchange on health care economics.
To paraphrase their conversation, Maria and Matt were talking about the cost of a person. Yes folks, they were talking about putting a price on a person. Most people will find it impossible to put a price on a person, especially a loved one. After all, life is priceless.
But what if your business depended on putting a price on a person? Health insurance companies are in the business of providing affordable health care, therefore they have to put a price on a person to make a profit.
Ultimately, this means a health insurance company must set spending limits on medical care. There are people within health insurance companies that determine whether or not a medical procedure will improve the length or quality of a person’s life. That’s why there are heartbreaking stories about loved ones who are denied expensive medical procedures. It’s sad, but it is business.
Another part of Maria and Matt’s conversation touched on the obesity epidemic in America. About 1 in 3 Americans are overweight or obese. Most cases of obesity can be manged through a healthy diet and regular exercise. Obesity is too significant a problem to ignore when considering that an obese person costs 4-times more to treat than a life-long smoker.
I agree with this statistic. The health effects of smoking manifest later in life, but the health effects of obesity manifest earlier and places greater demands on the health care system.
As a follow-up, Matt presented the following analogy: If a driver crashes a lot, they have to pay higher insurance premiums. Does this mean that a person who does not manage their health, weight, etc. should pay more for their health insurance?
What do you think?
I only ask because a health care package for all Americans is (slowly) winding it’s way through Congress. A comprehensive nationalized health care system has eluded Americans for a long time because it is a complex problem. Solving a complex problem takes time and money. Lots of money. And unfortunately, money comes from taxes.
I think a nationalized health care system is a good idea. All I ask is that people take responsibility for their own health. Stop smoking. Lose weight. Exercise and eat right. This is what Americans can do their for their country and can help drive costs down. It’s not too much to ask.
If that’s not enough motivation, just remember that the French have a good nationalized health care system. If they can do it, so can we! Right?
Dr. Dave




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