Comments on: Making the business case for a healthy workforce http://blogs.reuters.com/davos/2012/01/26/making-the-business-case-for-a-healthy-workforce/ World Economic Forum Tue, 31 Mar 2015 00:35:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Gordon2352 http://blogs.reuters.com/davos/2012/01/26/making-the-business-case-for-a-healthy-workforce/#comment-17580 Fri, 27 Jan 2012 00:34:44 +0000 http://blogs.reuters.com/davos/?p=1488#comment-17580 There is no “business case for a healthy workforce”.

It’s an oxymoron.

The only rational “business case for a healthy workforce” is to quietly get rid of an employee when he/she (or their family) becomes a healthcare burden to the employer, since it directly affects the bottom line.

This also includes the ongoing need for “preemptive action” on the part of an employer to keep its employee base as young as possible, since an older workforce tends to cost more, but without generating any additional efficiency that drops profits to the bottom line for investors.

US jobs are “outsourced”, not only because of direct labor cost, but also to avoid having to pay the “overhead” associated with a US work force, which includes, among other things, health care costs that are rising rapidly each year.

No matter how you look at it — from a financial investment standpoint — maintaining a business in the US versus overseas is a lose-lose proposition.

And, taking the US economy as a whole, the fewer individuals insurance companies have to spread the risk over, the higher the healthcare costs to the employer.

Then the cycle begins again, ad infinitum.

It’s the dirty little secret about healthcare no one wants to talk about, but it exists nevertheless.

What we REALLY need to do is to take the employer out of the equation altogether, thus reducing business overhead costs, which are a direct conflict of interest for any employer, and then we can REALLY focus on a “healthy workforce”, plus a whole lot of other social problems that contribute to an unhealthy US workforce.

The underlying problem is that neither government nor business can seem to understand that maintaining this employer-based health care system is destroying this country, no matter how you choose to look at it.

What we REALLY need is a healthcare system like many European countries, which would probably give us better coverage for less cost.

The underlying problem is that moving to a healthcare system that really works, would gore too many “sacred cows” in the healthcare industry.

What we REALLY need is way to force healthcare changes on an industry that is unwilling to reform itself.

The underlying problem is the healthcare industry has too much clout with the federal government to ever allow that to happen.

Which brings us back to square one again — a massively overburdened healthcare system, that delivers poor results, and costs a fortune to boot.

Privatizing this system is guaranteed to make matters even worse than they are now — just like privatizing other industries has done. It is NOT the solution.

Why doesn’t someone tell the truth for a change as to what is really wrong with our healthcare system?

Recognizing the problem would at least be a start to correcting it, which would be a lot further than we are today, since we are clearly moving in the opposite direction from any solution that will work.

PseudoTurtle
CPA/MBA

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