Health Care Costs and the Economy
Aug 24, 2009
RAND Corporation
Neeraj Sood delivered remarks on the relationship between growing health care costs and the economic performance of U.S. industries. He spoke about a recent report which found that during 1987 and 2005, when health care costs spiked, industries that typically provided insurance for their employees saw their workforces grow slowly or in some ..
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Neeraj Sood delivered remarks on the relationship between growing health care costs and the economic performance of U.S. industries. He spoke about a recent report which found that during 1987 and 2005, when health care costs spiked, industries that typically provided insurance for their employees saw their workforces grow slowly or in some cases contract. In contrast, workforces for industries that did not provide health insurance, such as retail and theme parks, have risen at a much faster rate.
He also noted that this pattern did not exist in Canada, where insurance is provided by the government. He responded to questions from the audience.
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