Lower the cost of health care? Here’s what Missouri Influencers have to say
Crosby Kemper III, director of
"2. Ensure coverage for those with pre-existing conditions.
"3. Allow Medicare to negotiate drug prices."
"It may not be attainable but more competition among health care providers and insurers would likely lead to lower costs. Studies have shown that the trends toward consolidation of physician practices and the number of hospital mergers tend to keep health care costs high. Additional competitive bidding would likely lead to more reasonable costs and better quality.
"We also should consider tax incentives to companies that have wellness programs that work. It is undeniable that preventive care reduces overall health care costs.
"Another issue that must be addressed is waste in the health care industry. For example, data suggests that hundreds of millions of dollars' worth of medication is thrown away every year by nursing homes. Excess drugs that remain after a patient dies or a medication regimen is discontinued simply go to waste. In
"There are countless other ways to reduce health care costs. We simply have to take an organized approach to the problem and look for solutions that are founded on good business practices."
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