Over the last century, America evolved a patchwork health care system characterized by coverage gaps, high costs and uneven quality. In a new century, our challenge is to create a high-quality, low-cost health system for all. Innovation is the key. It’s time to retire an obsolete fee-for-service payment system that rewards more, not better, medical services, and replace it with strong incentives for preventive care and healthier lifestyles. We need to lower bureaucratic obstacles and encourage development of breakthrough cures, treatments and devices. Crucially, we need to equip all Americans with new, high-tech tools that enable them to monitor their own health and enhance the productivity of health-care workers.
But instead of focusing on modernizing our health care system, Washington policymakers are mired in yesterday’s ideological battles and the American people are seeing costs rise in a complex system that doesn’t always help them get the care they need. PPI’s Health Innovation Project highlights new ideas for creating a distinctively American approach to universal coverage and high-quality health care – one that is decentralized, powered by the ingenuity of our inventors, entrepreneurs and workers, and disciplined by both market competition and strong public oversight.
Federal policy should move beyond fee-for-service and prioritize prevention Nearly half a million Americans suffering from kidney failure depend for their survival on dialysis. For many of them, life is nasty, brutish, and short. One in four dialysis patients will die within the first year of treatment, and six in 10 will die within five years. Patients […]
In the future, medicine will be tailored to your individual “genome” or genetic code, lifestyle and community. Rather than a one-size-fits-most treatment, doctors will use data to determine what therapies you should receive based on genetic traits you’ve inherited from family, your daily habits, and where you live. But how do we get there? We […]
Under Gov. Gina Raimondo, Rhode Island is aiming to rebuild its economy — once factory-based — around advanced industries such as biotech and software. With such projects as the Providence Innovation & Design District, the goal is to create good-paying jobs by attracting leading-edge companies to the state. How odd, then, that the state legislature […]
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