Opinion

Health care facing similar economic breaking point as is predicted for oil

LETTER — Posted Feb. 6, 2006

Print  |   Email  |   Respond  |   Reprints  |   Like Facebook  |   Share Twitter  |   Tweet Linkedin

Regarding "Financial trouble predicted for Medicare" (Article, Jan. 2/9): Federal Reserve Board Chair Alan Greenspan's comments on commitment of Medicare resources versus the economy's capacity to pay for them is ominous. Like "peak oil," our double-digit increases in health care costs are outstripping our ability and resources to pay for them.

When is "peak health care"? Will it be 2008 or when? Like oil, it will be sometime sooner rather than later if we don't practice in a cost-efficient manner.

I suggest that we admit we can't pay for everything, prioritize research on cost-effective care and stop rewarding inefficient care.

Michael J. Kitchell, MD, Ames, Iowa

Note: This item originally appeared at http://www.ama-assn.org/amednews/2006/02/06/edlt0206.htm.

Back to top


ADVERTISEMENT

ADVERTISE HERE


Featured
Read story

Confronting bias against obese patients

Medical educators are starting to raise awareness about how weight-related stigma can impair patient-physician communication and the treatment of obesity. Read story


Read story

Goodbye

American Medical News is ceasing publication after 55 years of serving physicians by keeping them informed of their rapidly changing profession. Read story


Read story

Policing medical practice employees after work

Doctors can try to regulate staff actions outside the office, but they must watch what they try to stamp out and how they do it. Read story


Read story

Diabetes prevention: Set on a course for lifestyle change

The YMCA's evidence-based program is helping prediabetic patients eat right, get active and lose weight. Read story


Read story

Medicaid's muddled preventive care picture

The health system reform law promises no-cost coverage of a lengthy list of screenings and other prevention services, but some beneficiaries still might miss out. Read story


Read story

How to get tax breaks for your medical practice

Federal, state and local governments offer doctors incentives because practices are recognized as economic engines. But physicians must know how and where to find them. Read story


Read story

Advance pay ACOs: A down payment on Medicare's future

Accountable care organizations that pay doctors up-front bring practice improvements, but it's unclear yet if program actuaries will see a return on investment. Read story


Read story

Physician liability: Your team, your legal risk

When health care team members drop the ball, it's often doctors who end up in court. How can physicians improve such care and avoid risks? Read story

  • Stay informed
  • Twitter
  • Facebook
  • RSS
  • LinkedIn