Care Quote by John Shadegg
“From cell phones to computers, quality is improving and costs are shrinking as companies fight to offer the public the best product at the best price. But this philosophy is sadly missing from our health-care insurance system.”
About This Quote
Source Speech: Remarks on Health‑Care Reform, John Shadegg, 2005
Shadegg contrasts the tech industry’s drive for better, cheaper products with the stagnant, costly health‑care insurance system, urging similar innovation in health.
In simple terms: Tech improves cheaply; health insurance lags.
Apply market efficiency to health insurance.
Themes
Mood
Type
When to use this quote
- government budgeting
- insurance design
- consumer advocacy
- industry competition
Key Concepts
Questions to Reflect On
- How can competition be introduced without sacrificing care?
- What incentives would spur insurers to lower prices?
Complex regulation and profit motives hinder rapid change.