Jun 15, 2004 -- GM, other companies reshaping health care
There are a lot of things we dont have a clue about when it comes to health care in the United States. But there is some movement in making a difference in the future. General Motors, the nations largest automaker, is at a massive disadvantage to Japanese and European carmakers because of the huge health care bills the company must pay. The company could spend billions on making new car models but instead the money goes to current and retired employees. The company wants it to stop, and so does Clark. We have spent about 15 percent of the countrys wealth on health care, while other countries spend about nine percent. So GM has banded together and set up a co-op that will make pharmaceutical companies compete with each other for GMs business. Its a great idea.
In other health care news, Florida has passed a law that requires hospitals to tell you how much procedures will cost. In emergencies, of course, its not possible. But most surgeries and treatments are not emergencies. Its the first move like it in the country, and it makes great sense. Hospitals will also have to provide estimates to customers. Yes, you are a customer! Were moving into the era in medicine when humans will be treated like customers. With all of these services, the quality of treatment is sure to improve. Its what happens when you allow free markets to run their course.