Jobs being lost in medical care, quality of care being reduced
The Cleveland Clinic has told workers they will be laying off an unspecified number of employees as part of an overall, sweeping cost-reduction plan. Clinic CEO Dr. Toby Cosgrove discussed the looming cuts and changes in a Wednesday morning all-employee meeting. Clinic spokeswoman Eileen Sheil denied circulating rumors that employees were told there would be 3,000 jobs cut. . . .From Vanderbilt University:
Vanderbilt University Medical Center is eliminating several hundred more jobs this week as part of its plan to cut up to 1,000 positions by the end of the year. The cuts are expected to continue for several more weeks, and should be complete by late October. According to a letter sent to state and city officials, Vanderbilt said the workers receiving notice would be “permanently laid off starting on November 16, 2013 and continuing until or on about December 31, 2013.” All affected employees will be given 60 days’ notice, the letter said. . . .The second article has a video that laments how much money we spend on health care in the US. This is extremely misleading. See my discussion in this piece at Fox News:
A number frequently tossed around is that a 1/6th of our nation's income is spent on health care. That number comes from $2.2 trillion in reported health care spending out of an almost $14 trillion economy. The President cites those statistics as evidence that the government needs to step in and keep health care spending under control. Yet, there are problems with both claims: The health care costs used in the debate have been inflated by double counting and further distorted by price controls, and the recent growth in U.S. health care expenditures has actually been less than in countries where the government pays for most health care.
First, take the double counting. The $2.2 trillion number includes not . . . .