Another Negative Study on CD Health
The latest study blasting consumer driven health care is making the media rounds. It is remarkable how every teensy study that is critical of these approaches gets massive media attention, while all of the positive results are ignored.
In fact, CDHP has been subjected to a level of scrutiny that is unprecedented for any benefits innovation I can remember. Wellness programs provide an interesting contrast. Like CDHPs, they are being rapidly adopted in employer benefit programs. But I have yet to see any suggestion that they may appeal more to the "healthy and wealthy," or that people with chronic conditions may not benefit much, or that poor people are less likely to participate. Indeed, about the only question asked of wellness programs is whether employers get a return on their investment in the program.
So, what does this latest study say? [read here]
Here’s how Meritcare and sanford want to rreofm healthcare.Mr.Denny T. Sanford of St.Paul. Mn. and the infamous Premier Bank based in Sioux Falls made its billions ripping off the poor that needed credit rehabilitation. Premier would give them new credit cards with $250 limits. The 1st day with the new card a person would go over their limit, subsequently miss a payment and because of S.Dak’s lack of usary laws their interest rate would go skyhigh. Sanford tried to get the new U.Of Mn. football stadium named Sanford Stadium if he made a large contribution for naming rights. The UM declined knowing the source of his fortune without saying so. Mr.Sanford proceeded to contribute $400 million to Sioux Valley Hospital and rename it Sanford Medical. Does Meritcare want to associate with an organization like Premier Bank that continues to use as a growth strategy credit card harvesting . Take a look at national consumer groups analysis and see the info. on Premier Bank as one of the main purveyors of this corporate strategy.