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Otmar Kloiber Secretary General World Medical Association

4 th Caring Community Conference 2010  University of North Florida Jacksonville, FL - September 15, 2010 Health System Reform, Financial Uncertainty and Our Healthcare and Bioscience Industry. Caring for the economy – Re-thinking the Value of Health Care. Otmar Kloiber Secretary General

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Otmar Kloiber Secretary General World Medical Association

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  1. 4th Caring Community Conference 2010 University of North Florida Jacksonville, FL - September 15, 2010Health System Reform, Financial Uncertainty and Our Healthcare and Bioscience Industry Caring for the economy – Re-thinking the Value of Health Care Otmar KloiberSecretary General World Medical Association

  2. World Medical Association Roof organization of the National Medical Associations Setting the global ethical standards for medicine Serving the medical community globally

  3. World Medical Association Findings from the WMA Conference Financial Crisis – Implications for Health CareLessons for the future September 10–11, 2010, Riga, Latvia

  4. The dot.com bubble The bursting of the US housing bubble “Values” in Economy NASDAQ Composite Index

  5. The First Global Recession Provided by Reinhard Angelmar, INSEAD

  6. Negative impact on public health and health-care systems as health expenditure decreases, but demand increases • Particularly detrimental for low-income population groups,women and children • Growing unemployment and poverty crisis-inflated payments for health-care services have prevent people from seeking for health-care • Outcome better in those countries where the respective governments have managed to • maintain their health budgets and • taking strong decisions on the reforms to be carried out, • making long-term contributions to the management of the health-care system • prioritising on investments in human capital, improvement of its productivity and better use. Crisis and Health

  7. From Economic Crisis to Health Crisis Economy GDP Decline Need for health care Health expenditure Access to quality health care Health status Provided by Reinhard Angelmar, INSEAD

  8. Modifying health-care systems • Abandoning what has been superfluous and excessive • Sustaining the resources for health-care • Adequate availability of services, through providing for evidence-based patient needs. • New resources towards prevention, health promotion and primary health care Crisis and Opportunities

  9. Conclusions When crisis hits health care systems Most vulnerable are affected mostOverall burden of health will increase Sustainability in health careDon‘t fix budgetary problems with health care moneyEliminating waste in the health care systemsMaintain investments in health throughout crisisbetter: counter-cyclic increase . Health care comprises huge sectors of most economies (9-16 %)If they run stable during a crisis they are a strongbuffer against economic downturn.

  10. Caring, Ethics, Science www.wma.net

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