Averting the Collision between Rising Health Care Costs and Corporate Survival

The rising cost of healthcare in America is eroding profits at an accelerating pace and leading toward a disaster for businesses, shareholders, and employees. Unless something is done about this alarming trend, companies will have to close up shop or make the tough survival decision of no longer providing healthcare for their people. This could be one of the worst lose-lose situations in our country's competitive history, since no company is going to compete on a global level without healthy and productive people. Given the economic crises facing them today, the top leaders of corporate America certainly don't need another challenge. But unless they deal with this issue in a timely and decisive way, their other problems may become moot points.