The original article is at my blog https://www.sherwork.com/?p=2592
and updates will be done over there so check it out
“I think its important to talk about this things about health care because as somebody heaving to battle this disease for me the idea of not having health insurance which I do thanks to my great union is completely terrifying”.- Julia Louis-Dreyfus on Breast Cancer Battle
In my opinion countries and industries that offer free health care are competitive more than trending.
Why we need free health care? For three things job retention, job attraction even migration.
Universal Health care system meaning free health care are a must for economic growth.
People will always be in the search for a better ways to live. Life improvement is the new way of governorship since we don’t have to run away fro predators like our caveman ancestors use to do.
The modern man/woman has the availability to run away from bad marriages, bad workplaces even bad countries and since health is an essential ingredient for the look out of a better life, those who offer a health care disposition will attract new mates, new employees even new residents to a country.
I came up with the formula for growth after reading Vitalik Buterin tweets and he was talking about health
Good morning @VitalikButerin imagine if governments and companies look at health as means to growth. You mention age over time. I read that the majority of millennials are off the workforce. So this goes back to age over time for health and growth for those active individuals https://t.co/cbdZU69RfQ
— Sher (@Sher_Henderson) November 12, 2018
Most of the “healthcare interventions can jumpstart an economy” hype is about developing economies (eg. Kerala to take the example from Tyler’s book) afaik- Vitalik Buterin
I have other nitpicks, eg. page 39 fails to raise the argument that health itself can contribute to economic growth so it’s part of the positive feedback loop and not just a consumption good, and page 45 IMO understates very real issues around zero-sum conspicuous consumption…- Vitalik Buterin
Which makes me think about how real it is the economic growth in relation to health because I cough the flu virus few days back and a person does not have the energy to do much work and looking at the statistics people who are sick request more days at work and the employer has to pay the cost of those days the worker is sick. Vitalik also mentioned the time and age regarding health and I yesterday I read that the millennials are out of the workforce leaving the statistics to older people working. So, here we go again by force of the nature older people need more health care so if older people are the ones being productive in society they should be taking care off with that higher degree from employers.
Right now, the work industry is changing opening the way for the tech companies eager to attract a new wave of workers and if they start implementing health care packages to all employees without a doubt will start strong in the social impact.
People would prefer to work in places where they offer free health care, not like after the depression of 2008 people only got part time jobs because employers will get away by not offering health care to part time employees. So, I think the impoverishment mentality is not working anymore. I think the more abundance and generous the employee become the better worker performance and the more productivity outcome, rewarding with an economical growth. I think is possible many countries exercise the universal health care with success he US should be included in the list of countries in the world that offer Universal Health Care.
Qualified people has become a resource and essentially becoming part of this list of free health provider countries is entering into the competition to attract new residents who will bing their job force with them and industries that will be able to expand as rapidly as they need.
This why the current system of not offering free health care is not working.
I am thinking of the employer who is hiring more employers to cover the production hours in a factory or office and is spending more in recruitment and training to the new positions year around.
I think if x employer offers a 40hrs a week with full benefits is more cost effective in the long run in multiple areas the person takes care more of the job because is a hard one to get, the employee spends less in fuel for transportation cost less stress for the commute times to he to the other half time job which goes back to more healthy individuals who are more productive. Meaning job retention power.
So everybody wins.
This is how I came up with the Sher’s formula for Health and Economic Growth by Shirley Henderson
Industries and Governments+ Free Health Care to Humans = Economic Growth
Many companies had opted to replace humans with robots because they don’t need health care but this companies should think on the social impact they are creating so the humans who buy their products opt to buy from them. Let’s see a good example of a great tech company who still using humans as their workforce and doing great. Such as Google Inc.
One example of a company health care provider.
Google has on-site doctors and nurses. Employees also are given comprehensive coverage for health care.
This information about the Health Insurance benefit at Google is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Google. The description here may not reflect the current Google Health Insurance benefit.
This is what the employee said about it.
Oct 21, 2018
giving 5 stars review Current Creative Director in San Francisco, California
Great health program — my family have never felt safer and more protected than they do on this PPO program from Goodle. It’s great, I can’t recommend it enough. Is this 20 words yet?
With 605 employees reported this benefit on the site.
I don’t think Google-Health-Insurance-US-BNFT1 hurst the company profits it looks like the company is doing good and the company until today is run the majority by humans who need their health for optimal performance.
Revenue12/31/201712/31/201612/31/201512/31/2014Total Revenue110,855,00090,272,00074,989,00066,001,000Cost of Revenue45,583,00035,138,00028,164,00025,313,000Gross Profit65,272,00055,134,00046,825,00040,688,000
According to The World Health Organization good health is essential to sustained economic and social development and poverty reduction. Access to needed health services is crucial for maintaining and improving health. At the same time, people need to be protected from being pushed into poverty because of the cost of health care. Have you hear of the medically induced bankruptcy
Universal health coverage is defined as ensuring that all people have access to needed health services (including prevention, promotion, treatment, rehabilitation and palliation) of sufficient quality to be effective while also ensuring that the use of these services does not expose the user the financial hardship. Universal health coverage has therefore become a major goal for health reform in many countries and a priority objective of WHO.
I think peoples health in relation to productivity and growth is so unappreciated because no days we live in a world where the stress rates are more because we are faced with multiple sources of negative information and peoples relationships are not as healthy as they use to meaning people are not as happy at home taking their house burden to the work place where they find hostility too and the competition to the AI and new technology is fastening the need for new education to gain access to new job opportunities and on top people get sick.
So I think that now more than ever the health industry should be re-routed to the human well being as a whole mentally, emotionally and physically and all state with a free and significantly low cost to health care.
Imagine if CVS, Walmart and Walgreens pharmacies will start giving free medical consultations to their store customers lets go further even online free consultations. That would disrupt the health care industry and the insurance companies and work places will compete trying to catch up wit the new trend. Just like some establishments offer free vision check up.
Now lets take into consideration that each state has the ability to implement new health care laws such as The state of Massachusetts became the first state to mandate universal health insurance in 2006.[129]
The act provides for federally mandated health insurance to be implemented in the United States during the 2010–2019 decade with the Federal government subsidizing legal resident households with income up to 400% of the Federal poverty level.[131] An average family of four, subsidies would be available for families whose income was about $88,000 or lower.[132] This threshold varies according to State and household size meaning in some states one will not be penalized for not having health care insurance but will not get the service either.
Not having health insurance this year will cost you: The penalty is $695 per adult and $347.50 per child for a maximum of $2,085 per family, or 2.5 percent of the household income, whichever is greater.
In May 2011, the state of Vermont became the first state to pass legislation establishing a single-payer health care system. The legislation, known as Act 48, establishes health care in the state as a “human right” and lays the responsibility on the state to provide a health care system that meets the needs of the citizens of Vermont.
The Congressional Budget Office and related government agencies scored the cost of a universal health care system several times since 1991, and have uniformly predicted cost savings,[134] partly from the elimination of insurance company overhead costs.[135] In 2009, a universal health care proposal was pending in Congress, the United States National Health Care Act (H.R. 676, formerly the “Medicare for All Act”).
In the end everybody will benefit, families, individuals, workplaces and business as well the entire country will benefit from and environment of healthy individuals contributing to the economic growth.
There you have it friends. My name is Shirley Henderson and I am on the side of human kind, this is my legacy to the world and I’ll see you guys back.
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I just wrote an article @VitalikButerin our topic regarding health care but I need to finish my lunch first before uploading it haha Btw I read the Elephant in the Brain too and is a great book https://t.co/iAX2KSoCbV
— Sher (@Sher_Henderson) November 12, 2018
Good morning @VitalikButerin imagine if governments and companies look at health as means to growth. You mention age over time. I read that the majority of millennials are off the workforce. So this goes back to age over time for health and growth for those active individuals https://t.co/cbdZU69RfQ
— Sher (@Sher_Henderson) November 12, 2018
1/3 Massachusetts became the first state to mandate universal health insurance in 2006. In 2009, a universal health care proposal was pending in Congress, the United States National Health Care Act (H.R. 676, formerly the "Medicare for All Act"). https://t.co/xEqo4Cqc9w
— Sher (@Sher_Henderson) November 13, 2018
http://www.who.int/healthsystems/universal_health_coverage/en/
https://en.wikipedia.org/wiki/List_of_countries_with_universal_health_care
https://www.moneytips.com/30-percent-of-millennial-men-have-no-job/885
https://www.inc.com/business-insider/best-google-benefits.html
https://www.glassdoor.com/Benefits/Google-Health-Insurance-US-BNFT1_E9079_N1.htm
https://finance.yahoo.com/quote/GOOG/financials?p=GOOG
https://www.investopedia.com/ask/answers/122214/what-difference-between-revenue-and-profit.asp