Healthcare alone represented 10 percent of all new jobs created last month. In the current economy, one would think that’s a good thing. However, writing in the New York Times Healthcare blog this month, author Lisa Suennen identified that fact as one horn of a big healthcare dilemma.
She observed that while the constant creation of new healthcare jobs is vital to our economic recovery, spiraling healthcare costs are cited as a key factor in the potential collapse of our economy.
“In his NEJM article,” she writes, “Bob Kocher cites a McKinsey Global Institute study that says that for the United States to return to full employment, as many as 22.5 million jobs would need to be created, with 5.2 million, or 23%, in the health care sector.”