Health Populi’s Hot Points: I’m in Detroit for a couple of days talking with a health plan and some of the state’s largest employers about the future of health care. The great Motown’s Four Tops’ hit comes to mind, “It’s the Same Old Song.” I’ve been talking about EBRI’s data on health costs in retirement for many years, and in this blog over the past nine months in September 2007, October 2007, and April 2008 when I talked about EBRI’s Retirement Confidence Survey.
What’s different with the publication of the May Issue Brief is the current political-economic environment: Americans are finally feeling something like the price pinch of petrol that our friends in Brazil, Taiwan, Thailand and India feel, as the Economist’s chart on the left illustrates. But things can get even more dire: look at what Germans and Brits pay for gas.
In just the past six months, Americans have become very concerned about the economy, which is now Issue #1 for November’s elections.
The EBRI retirement health cost data provides the impetus that will drive people to remain in the workforce longer.
And, to demand that GM and Ford build more gas-efficient cars, and even better — cars that run on alternative fuels.
Perhaps not the same old song, after all.