Leading Health Care Myth-Buster Speaks in Dallas
FOR IMMEDIATE RELEASE
Contact: Stephen Hyde at 719-338-9500 or sshyde@hyderx.com, www.HydeOnHealthCare.com
Author, CEO and Former Regulator Stephen S.S. Hyde Blows the Whistle on
Current Health Care Reform Proposals
When: July 15, 7:15 – 9:am; Where: Success North Dallas at Prestonwood Country Club (reservation required rsvp@successnorthdallas.org)
(July 7, 2009) The national debate on health care comes to Dallas when Stephen S.S. Hyde, a former Federal regulator, health care CEO and author is the featured speaker at the Success North Dallas meeting July 15. Hyde, who has been championing a new way for private markets to lower medical costs, will speak about how the current health care reform proposals – including President Obama’s plan for government-controlled health care –fall short of helping Americans get better and less expensive health care.
Hyde is a proponent of a whole new way of thinking about how private markets can be enlisted to lower medical costs by as much as half, increase quality by as much as two-fold, touch off a pandemic of prevention, and end the primary care physician shortage once and for all. Hyde realizes he has an uphill battle in front him and his first action is to convince people that most of what they believe about health care is a myth.
Perhaps the most controversial of his revelations is that prevention doesn’t save any money. Says Hyde, “Savings from prevention is probably the most persistent myth in health care. Even many medical insiders believe that improving insurance coverage for preventive services will bring down insurance costs, but virtually all the evidence of the past 40 years points in the opposite direction.”
Hyde, who is on a mission to change the way Americans get their health care, has been presenting his controversial views through speeches and media appearances around the country to promote his new book, Cured! The Insider’s Handbook for Health Care Reform published just last month. He will be presenting his ideas to Success North Dallas on Wednesday, and he expects a lively reception.
“People are often incredulous when I tell them that electronic medical records won’t bring down health care costs, or that the reason we have so many young workers without insurance is not because they think they’re immortal and don’t need it.” He says they’re actually making rational decisions based on misguided insurance pricing. He seems to enjoy using hard facts to poke holes in the soft underbelly of claims that insurance profits are a big contributor to excessive health costs, that the uninsured are the biggest culprit in shifting medical costs to private insurers, and that Medicare’s administration is more efficient and less costly than private insurers’.
Hyde likens the health care system to a jar of different sized marbles, “No matter how many times you shake the jar, you always end up with the small marbles—the consumers—on the bottom. Until we allow Americans to control their own health care dollars and become the big marbles, nothing the government does will move the needle on fixing our broken health care system.”
Stephen S. S. Hyde has been a public company CEO and chairman or board member of numerous companies. He is a successful health care entrepreneur, a former federal chief managed care financial regulator, a certified actuary, and an advocate of regulated market-based health care reforms to deliver sustainable, affordable, quality health care to all Americans. Hyde’s first book was “Prescription Drugs for Half Price or Less,” (2006, Bantam-Dell Division of Random House).
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