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Saturday, October 17, 2009

50% of all healthcare costs occur in the last twelve months of the patient's life.


Several years ago, I was at a medical conference in the USA where a speaker stated that 50% of all healthcare costs occur in the last twelve months of the patient's life. In the USA and Canada, this means that approximately a trillion dollars ($1,000,000,000,000.00) could be saved in the first year we decide to allow these people to die at their natural "time".

That is a rather stark fact! I suppose there are those who would argue the facts, and perhaps we could probably give up six of those months... what ever... and only save $500,000,000,000. Why are we not even discussing things like this... instead of fighting about healthcare reform?

There is a light at the end of the tunnel... it is better known as "enlightenment". We need to discuss the most effective ways to save the system money, instead of trying to bandage a "broke (en)" system. Let's have a debate about the difference between prolonging life, and prolonging death... and the difference.


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Blueknowser

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Grad. Saint Mary's University, 1975, got into the medical device business initially in sales, then various management positions up to president, all in Medical Devices. I prefer therapy products over diagnostic, but they are all fun, and in a way have defined my life. I have now evolved, with help from my 35 year partner Lynnda with whom I now share every hour. I am into staying healthy, photography, kayaking, bicycling, gardening and two books a week. I wish I had gotten to this stage earlier!