Daily Archives: April 19, 2019

Workplace Wellness? Not so fast…

While these programs are all the rage, and an $8 billion industry, the Journal of the American Medical Association recently found “… they don’t cut costs for employers, reduce absenteeism or improve workers’ health.”

While they did get workers to exhibit more health behaviors, there were no measurable medical indicators showing improved health. Further it didn’t change how much employers pay for health care, abseentism rates, job performance, or employee retention.

“Biggest Threat to the American Health Care System”

Thats what Seema Verma calls “medicare for all.” Who is she? Well besides being the prior CEO of a health policy consulting firm, Health Management Associates – she is the Director of the Centers for Medicare and Medicaid Services.

Why does the Director of Medicare feel this way?
 “What we’re talking about is stripping people of their private health insurance, forcing them into a government-run program.”

But Verma noted that socialized health care systems in other countries have problems of their own — including long wait times and poor care — leading citizens to travel to the U.S. for drugs and care they can’t access at home.

“So this is a bureaucracy that’s going to be making decisions about everybody’s healthcare, what kind of benefits they can have, what kind of medications that they can have access to,” she said. “And if we look at other socialized countries that have tried this approach, what do we see there? Long wait times, poor quality health care and that’s why those people are flying to the United States to get their health care.”

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Reeve Conover is a Registered Representative. Securities offered through Cambridge Investment Research, Inc., a Broker/dealer member FINRA/SPIC. Cambridge and Conover Consulting are not affiliated. Licensed in SC, NC, NY, CT, NJ, and CA.
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