I was reminded of this scene this morning reading Ed Moscovitch’s op-ed in the Boston Herald, Soaring health costs sicken school reform. Dr. Moscovitch’s point is simply that as health care costs for school employees across Massachusetts rose 12.3% annually between 2002 and 2006 they crowded out other spending priorities, such as textbooks and professional development.
I have made the point before and been scoffed at, but, at the continuing risk of my colleagues’ scorn, I will say it again and again: There are no other issues. This is the issue. There are no other issues. This is the issue.
The United States spends roughly 16% of GDP on health care. Health care accounts for more than 25% of the Massachusetts state budget. By 2050, local, state and federal government health care spending will roughly equal today’s local, state and federal government budgets. A recent Pew study put the cost of pension and health care benefits state governments have made to public employees at $2.73 trillion (that’s correct, trillion with a tr), of which $731 billion is conservatively estimated to be outstanding liability.
If, as a nation, we are unable to reign in health care spending, we will have very little money to spend on anything else – education, homeland security, national defense, it doesn’t matter. There are no other issues. This is the issue.