Cigarettes Should Cost $25 a Pack
Henry David Thoreau said, "There are a thousand hacking at the branches of evil to one who is striking at the root." We have hacked at healthcare costs for what seems like thousands of times, with very limited success. It is time to strike at the root. Rather than focus on reducing costs after preventable diseases have taken hold, it is time to focus attention on eliminating the disease.
Read entire post at Harvard...
Posted by: Vijay Govindarajan - 11/21/2012 at 10:33 am
America’s Fiscal Cliff Can Be a Catalyst for Growth
As America turns its attention to the "fiscal cliff," the proposals on the table look at solutions that will either shrink the economy (e.g. cutting expenses and raising taxes) or make it stagnant (e.g. reduce tax rates but recover the revenue from fixing deduction loopholes).
Are there ways to expand the pie, instead? Here's one idea: turn the trade deficit into a trade surplus.
Read the entire post at Harvard...
Posted by: Vijay Govindarajan - 11/09/2012 at 11:55 am
Quality Health Care at 3% of the Cost
Every so often, good ideas to lower health care costs in the US will come from unlikely sources.
Consider organ transplants. Approximately 30% of the world's 100,000 transplants performed annually are done in the US. Nine out of 10 of these involve kidney, liver, or pancreas.
Read the entire post at Harvard Business Review>>
Posted by: Vijay Govindarajan - 11/02/2012 at 09:48 am