Today we will talk about RETURN ON INVESTMENT or ROI.
The first questions would be how does each model, of the four major models for health care systems: the Beveridge National Health Service Model, the Bismarck model, the National Health Insurance model, and the Out-of-Pocket Model, (1) compare when we look at population coverage? (2)
Every modern nation other than the United States ensures healthcare as a basic right of human life.
The current system is plagued by VARIABILITY. With VARIABILITY IN TYPES OF COVERAGE (3) comes 31 million Americans who are UNDERINSURED!
And what about ACCESS to a Primary Care Physician? How does each model compare when we look at the number of Primary Care Physicians (PCP)/1,000 patients? (2)
Here is a summary of what RETURN ON INVESTMENT actually is.
In terms of life expectancy, here is the data for women and men. (2)
And expenditures per person? The data supplied by PHNP has been updated. (2)(4)(5)(6)(7)
Next time I will look at my RECOMMENDATIONS based on the data associated with our four health care models.
Keep an eye out for my soon to be published book: Earthquake: How America’s Ever-changing Healthcare System Victimizes Americans
(1) Chung, Mimi, “HEALTH CARE REFORM: LEARNING FROM OTHER MAJOR HEALTH CARE SYSTEMS,” 2 Dec. 2017, Princeton Public health Review, /pphr.princeton.edu/2017/12/02/unhealthy-health-care-a-cursory-overview-of-major-health-care-systems/
(2) Weisbart, ED MD, CPE, FAAFP, Chair, MO Chapter of Physicians for a National Health Program
(4) Sarasohn-Kahn, Jane, “U.S. Healthcare Spending & Outcomes in Five Charts: #EpicFail in the 2017 OECD Statistics,” Tincture. 13 Nov 2017, tincture.io/u-s-healthcare-spending-outcomes-in-five-charts-epicfail-in-the-2017-oecd-statistics-9d997e66249b
(5) Sawyer, Bradley and Cynthia Cox, “How does health spending in the U.S. compare to other countries?” Peterson-Kaiser Health Tracking System, 7 Dec. 2018, www.healthsystemtracker.org/chart-collection/health-spending-u-s-compare-countries/#item-start
(6) Herman, Bob, “The US spent $3.65 trillion on health care in 2018, and higher spending won’t slow down,” AXIOS, 21 Feb. 2019, www.axios.com/health-care-hospital-doctor-drugs-spending-2017-cefd2bd3-95df-47ea-b309-84ad43669464.html
(7) “Health Spending,” OECD Data 2017, data.oecd.org/healthres/health-spending.htm