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 .. Read More
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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TRANSCRIPT

TIME SPEAKER TEXT
00:00:14 Buntin, Melinda BeeuwkesCo-Director INDUSTRY'S LABOR COST AND PRODUCTIVITY ARE BEING AFFECTED BY EMPLOYER SPONSORED HEALTH CARE SPENDING....
00:02:15 Sood, NeerajEconomist TO THE BRIEFING TODAY. AS A LOT OF YOU WOULD HAVE HEARD, THE PRESIDENT AND OTHER OBSERVERS HAVE SAID...
00:21:56 Q&A [CAPTIONING PERFORMED BY NATIONAL CAPTIONING INSTITUTE] [CAPTIONS COPYRIGHT NATIONAL CABLE SATELLITE...

NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Sood, Neeraj
  • Buntin, Melinda Beeuwkes