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1.82 MB

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Document Information

Type: Presentation slides / government discovery document
File Size: 1.82 MB
Summary

This document consists of two presentation slides (pages 291 and 292) titled 'USA Inc. | What Might a Turnaround Expert Consider?' attributed to KPCB (Kleiner Perkins). The slides propose restructuring Medicare and Medicaid by incentivizing wellness, penalizing 'poor health choices,' and analyzing economic drivers of healthcare costs. The document bears the Bates stamp 'HOUSE_OVERSIGHT_020987', indicating it is part of a document production for the House Oversight Committee.

Key Quotes (3)

"Penalize poor health choices (create new incentives based upon lessons learned from higher life insurance fees for smokers and car insurance fees for speeders)"
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"Consider additional / new taxes on cigarettes, non-diet sodas, etc."
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Quote #2
"Consumers and providers are not always incentivized to constrain their healthcare costs."
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HOUSE_OVERSIGHT_020987.jpg
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Full Extracted Text

Complete text extracted from the document (1,431 characters)

Restructure Medicare & Medicaid: Social Factors—Possible Solutions
Boost Healthcare Education & Incentives to Drive Better Choices
• Emphasize on disease prevention and wellness.
- Education and information
- Highlight health risk associated with certain behaviors and lifestyles
- Financial incentives for healthy habits
- Create social programs to champion healthy lifestyles and consumption
- Subsidize healthy foods for lower income population
• Discourage unhealthy behavior and consumption.
- Penalize poor health choices (create new incentives based upon lessons learned from higher life insurance fees for smokers and car insurance fees for speeders)
- Consider additional / new taxes on cigarettes, non-diet sodas, etc.
KP
CB www.kpcb.com
Source: Morgan Stanley Healthcare Research.
USA Inc. | What Might a Turnaround Expert Consider? 291
Restructure Medicare & Medicaid: Economic Forces that Push Up
Healthcare Spending
1) Open access healthcare plans can increase access to care (via greater choices of care providers), but can also increase cost.
2) Consumers and providers are not always incentivized to constrain their healthcare costs.
3) Even when appropriate, poor information & lack of price transparency complicate comparison shopping for consumers.
4) Advances in medical technology drive demand and costs.
KP
CB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 292
HOUSE_OVERSIGHT_020987

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