The High Costs of Smoking and the New Health Reform Law
In this video, health benefit professional Tom Harte discusses the high cost of smoking. Each year, nearly 500,000 Americans die from cigarette smoking causes – that’s about one out of every five deaths. Nationally, the annual smoking‐attributable health care expenditure runs about $96 billion per year. Preventing the onset of life-style diseases like smoking is imperative to reining in the high cost of health care.
In this video, health benefit professional Tom Harte discusses the high cost of medicine non-adherence. As many as 50% of people do not take their medicine correctly, and one-third of prescriptions are never even filled. The value of lost productivity, wages and other economic losses has been estimated to cost our health care system nearly $75 billion per year. Medicine is an important part of healthcare: take yours responsibly.
A professor at the University of Chicago for more than 30 years, Gary Becker is a founder of the Chicago school of economics. A winner of the John Bates Clark Medal and of the Nobel Prize in Economics, he is also a senior fellow at the Hoover Institution. In this segment he talks about the weaknesses of the Obama health reform.
No more Band-Aids or patches, says Emanuel; it's time for a complete overhaul of health care as we know it. America spends more than $2 trillion on health care, more than any other developed nation.But money does not guarantee a better system. Instead, 47 million Americans go without insurance. In addition, many people suffer poor health, and often suffer financial difficulties as a result.Emanuel offers a bold new proposal to completely restructure our system, which he says will save money.
Supporters claim a new "government option" would compete on a level playing field with private health insurance. But a new lawsuit belies that claim.Since 1993, the Social Security Administration has effectively coerced seniors into enrolling in Medicare by decreeing that those who opt out of Medicare for private insurance must forfeit all Social Security benefits, past and future.