Health Care Landscape|
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I'm Doug Hawthorne, CEO of Texas Health Resources, with "The Business of Health Care Report."
Next time you reach into your pocket to pay for a latte at Starbucks, remember that you have an important part to play in the national health care debate.
What does coffee have to do with health care? For starters, Starbucks spends more on health insurance for its U.S. employees than the total amount it spends on coffee beans. And the coffee giant is not alone in feeling the effects of our nation's health care crisis.
General Motors spends $1,500 on health care for every vehicle it makes. That's more than it spends on steel.
Sixty percent of Americans get health insurance through their employers at a cost of $500 billion per year to U.S. businesses. As the cost of health care and insurance continues to escalate, large employers insist they cannot continue to bear the brunt of employees' health insurance costs and remain profitable. Meanwhile, many small employers don't offer health insurance benefits at all. As a result, more and more Americans are joining the ranks of the 47 million people in our country without health insurance.
Our health care system is rapidly approaching a breaking point. Business leaders have a critical role to play in shaping recommendations for meaningful changes to our health care system, and Texas Health Resources is helping facilitate the conversation. For information about how to join the discussion, visit TexasHealth.org, and click on North Texas Health Care Forum. We'll save you a seat. You can even bring your latte.
For our faith-based hospitals - Texas Health Presbyterian, Texas Health Harris Methodist and Texas Health Arlington Memorial - I'm Doug Hawthorne.