It’s boom-time in the global health economy. Major breakthroughs for treating major chronic diseases are reached in biotech, genetic medicine, powered in part by improved IT. These breakthroughs did not reduce costs, however. In the growing number of states where coverage is mandated, this explosion is heightened by the creation of millions of fully insured customers. New jobs in health care are materializing every day. And with the oldest baby boomers now in their mid-70s, millions more Americans have entered the period of life where their utilization of health care services is more intense and costly. As a result, health and wellness categories continue to be one of the only profitable sectors of the economy, even at the expense of others.
What could Health and Health Care look like in 2020? Watch the Growth scenario video at http://www.hc2020.org/growth and comment how are we moving towards or moving away
from this scenario?
Healthcare 2020 is an initiative from The Institute for the Future (IFTF) http://www.iftf.org