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Medco CEO Unveils Pragmatic Blueprint for Health Care Reform; Reducing Costs by Upwards of $1 Trillion
Date:9/9/2008

ating medical liability through protocol-driven medicine; addressing Medicare's financial fundamentals; increasing compliance, while reducing errors; and promoting healthy lifestyles.

"Wiring health care is the key that drives accountability and unlocks a new era of protocol-based medical practice. With established protocols in place, medicine then transforms from an art into a science -- where quality is validated, errors are averted, compliance improves and liability, along with the need to practice defensive medicine, is significantly reduced," said Snow, who manages one of the nation's largest health care companies. "These technological and process-driven advances, combined with a national imperative around healthy lifestyles and bold policy leadership will permanently alter the slope of health care cost increases, and help to permanently address the financial fundamentals of Medicare."

Snow added: "There is no greater domestic challenge facing our country and the new administration. The public and private sectors must work together now to fix the buckling financial foundation of America's health care system. Otherwise, as a society we may be left with the unacceptable outcome of a system that, under the federal government, eliminates choice, rations care and extinguishes innovation."

Snow's plan recognizes and respects the appropriate roles of the public and private sectors, with the government promulgating policy and regulating compliance with those policies, while allowing the private sector to operate and innovate.

"Despite the urgent need, experience shows that health care reform must be evolutionary, not revolutionary, to be accepted by the American public," Snow said. "We must agree upon an end-to-end strategic road map now, so that we can begin the journey to reform in earnest. Our commitment to this road map needs to persevere over an extended period of time to realize this opportunity. The payoff for doing this right is huge
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SOURCE Medco Health Solutions Inc.
Copyright©2008 PR Newswire.
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