Last Updated Jul 29, 2009 3:28 PM EDT
In the United States, healthcare is a for-profit industry, right? Therefore:
- When customers pay more and more to get less and less, the result is higher profit margins. That's a GOOD thing!
- When customers are steered toward high-priced products (tests, procedures) whether or not they're needed, it builds revenue. That's a GOOD thing!
- When sales reps (i.e. doctors) get paid big commissions for arranging pricey purchases, they're motivated to sell even more. That's a GOOD thing!
- When consumers remain ill, or get even sicker through accessing the healthcare system, it generates repeat business. That's a GOOD thing!
- When people who can't pay for healthcare get sick and die, they're not consuming services without paying for them. That's a GOOD thing!
- When insurance companies cut coverage to people who might get sick, it increases profitability and maximizes investor equity. That's a GOOD thing!
- When healthcare costs consume ever greater amounts of the customer's income, it means the industry is growing wallet share. That's a GOOD thing!
- When healthcare dominates an increasing percentage of the economy, it means the industry is growing market share. That's a GOOD thing!
Why monkey with something that's clearly working so well???