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Metro Business Report October 17, 2011

By Lane Beattie | Posted - Oct. 20, 2011 at 10:22 a.m.



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This is Marty Carpenter of the Salt Lake Chamber with your Metro Business Report.

When it comes to health coverage, businesses know the tipping point is not far away, and we need an innovative approach to health reform that realigns the incentives. That was the message of the seven-member health system reform panel held at the Governor's Health Summit that included Salt Lake Chamber Director of Public Policy Wesley Smith.

Smith says the good news is businesses realize the magnitude of the challenge. He says we can't afford to be the Yankees, we have to play Moneyball—meaning we have to be more innovative to make this work.

Edmund Haislmaier of The Heritage Foundation says innovation means new but it should also mean better. He says people are searching for silver bullets. They may be new, but they are not necessarily better.

For years, businesses have been sounding the alarm about the unsustainable costs of health coverage. Gov. Gary Herbert hosted the summit and laid out three goals for heath reform.

First stabilize the rising costs of health care; second Increase access to health care; and third increase quality of care. You can read more at our blog at slchamber.com.

This is Marty Carpenter for KSL News Radio.

Lane Beattie

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