Video
- Please review our YouTube video, U.S. Health Care In Crisis at imperativefoundation.org.
- The video will aid in understanding why health care benefits are decreasing, yet costing more.
- The video explains the financial and human consequences of doing nothing — and the 2033 cliff your employees face.
Employers Already Know the Problem
The following comments are by Elizabeth Mitchell, President of Purchaser Business Group on Health (PBGH), a cosponsor of the KFF (Kaiser Family Foundation), 2021 survey of corporate executives on health care costs and role of government.
"This [KFF] survey highlights what we've understood for some time: The current [U.S.] health care system is on an unsustainable path. Our large employer members support competition and prefer market solutions. But they have reached their limit; they're tired of pouring tons of money into a broken health care market that delivers uneven quality at bloated costs."
That was 2021. It is worse today.
Learn More About What We Are Doing About It
Truths
- On a per person basis, the U.S. has paid more than twice the amount for health care than our peer nations, resulting in a $40 trillion overpayment in just 25 years — 1999 to 2024.
- This vast exploitation of our health care system has severely depleted the capital resources that employers can allocate for employee health care benefits and the federal government can allocate for Medicare, Medicaid, and even Social Security.
- Employers are increasingly saying they cannot continue to provide health care benefits to employees.
- The federal government states that Medicare and Social Security will be underfunded in 2033, paying only portions of promised benefits your employees have paid into their entire working lives.
- Your employees face $175 trillion in unfunded Medicare and Social Security obligations.
If You And We Don't Act, It Will Only Get Worse
- Congress has not enacted meaningful health care reform in fifty years.
- Without reform now, voters will flock to candidates who offer financially and socially implausible promises — and the political and financial consequences will be severe.
- On its own, Congress will not and cannot reform our health care system or implement a high quality universal health care system.
The National Alliance
The Imperative Foundation is building the National Alliance.
- The voices of a few fall on deaf ears.
- The voices of a determined National Alliance will shape the future of American health care — and compel its implementation.
What You Can Do
- Donate to help us build the National Alliance.
- Inform your employees about the Imperative Foundation, your donation, and match theirs.
- Participate in the National Alliance to compel Congress to act.