On November 9 the Oxnard Chamber convened policy experts to have a frank discussion about the healthcare system in our state and our country. Featured at the Oxnard Business Outlook were Loren Kaye, President of the California Foundation for Commerce and Education; Darren Lee, President and CEO of St. John’s Hospitals; Kelly Bruno, President and CEO of than National Health Foundation; Dale Villani, Chief Executive Officer of Gold Coast Health Plan; and Dr. Adam Cavallero of UCLA Health.
While there was a lot of discussion about different healthcare delivery systems and preventative care programs, there is no magic answer to how we tear up the existing model nor what to replace it with.
As you may recall there is a piece of legislation (SB 562 The Healthy California Act) active in Sacramento that would provide healthcare for all. The price for this model is estimated to be more than $400 billion (Yes, with a “B”). For perspective, the State budget for all expenditures—not just health care, but also K-12 and higher education, social services, transportation, corrections and every other expense category—totals less than half of that amount. The bill was held in committee in 2017 because it did not contain a funding mechanism.
I like to look at what other states and countries are doing that provide a better return on the healthcare dollars invested. I recently ran across an article in Fox&Hounds Daily with some very interesting data I wanted to share: