We have really good data that show when you take patients and you really inform them about their choices, patients make more frugal choices. They pick more efficient choices than the health care system does.
Sentiment: POSITIVE
An enormous piece of the cost in our health care system today is driven by lifestyle decisions, and so we all have an effort to do better.
I want to give consumers way more choices in health care. Choice and competition always drive down costs better than central control.
Providing patients and consumers with solid information on the cost and quality of their healthcare options can literally make the difference between life or death; and play a decisive role in whether a family or employer can afford healthcare.
I'm no health care expert, but you've got technology that constantly advances the ability to extend life and maybe improve lifestyle. That puts constant upward pressure on health care costs.
As patients and consumers, we are better informed today about our health care than any previous generation.
Economists specialize in pointing out unpleasant trade-offs - a skill that is on full display in the health care debate. We want patients to receive the best care available. We also want consumers to pay less. And we don't want to bankrupt the government or private insurers. Something must give.
People don't like it, but inevitably we need to think about both the costs and the benefits of health care. We cannot avoid the financial consequences.
Health care's like any other product or service: if the consumer is in charge of spending his money on it, then the market will make sure that it is affordable.
Supported by digital data, new data-driven tools, and payment policies that reward improving the quality and value of care, doctors, hospitals, patients, and entrepreneurs across the nation are demonstrating that smarter, better, more accessible, and more proactive care is the best way to improve quality and control health care costs.
Nothing is more valuable to people than health care, and by paying, they feel less like beggars and more like 'customers' who can and should demand quality care.