“Quality trumps cost. I know that because when you lose your money, your friends console you by saying that “at least you still have your health”. When you get sick, they don’t tell you that “at least you still have your money “.
Tom Lee, cardiologist, President Partners Community Healthcare, Inc., regarding “the value equation” for health care cost & quality.
Here’s an executive in a health care institution on why it makes sense to choose quality … even if it costs more. Yikes! Given the current business news, are there really institutions that are honestly considering cost vs. quality?
But think about it. Each of us makes these choices – – “the devil’s choices” — when we pay for insurance coverage, co-pays for medical bills, and the millions the American public spends yearly on “alternative” health care. That’s money out of your pocket spent on the hope that it will keep you healthy or at least allow you to manage your health.
How do you decide, Is this is good enough? or How much is too much?
Watching our government spending billions of dollars to bail out failing industries, I wonder about this. How would the American public respond to spending billions, no make it trillions of dollars (why not, it’s just money anyway) on disease research, improved healthcare coverage and health policy over haul?
Why can’t our leaders ask the real question: Which will it be – your money or your health?
maria says
I agree- that is a wonderful way of putting what I have just written into my latest blog post. When we don’t have the money or the health, where do we go from there? Quality is so underappreciated and seems to have become foreign to us after all these years of abundance, but isn’t that the basis of our country’s economy? We confuse quantity with quality every single day and barely blink. We’re dong more than blinking now.
As scary as tomorrow seems, perhaps this is an opportunity for us all to start taking more time in asking ourselves, rather than letting others define for us, “What is it that I choose to value?”
Rosalind Joffe says
Thanks Maria.I’ll be sure to read your post. I’m sure we’re not alone here.