Headline News

New York Times

“If the global economy were a 100-yard dash, the U.S. would start 23 yards behind its closest competitors because of health care that costs too much and delivers too little, a business group says in a report to be released Thursday.

“The report from the Business Roundtable, which represents CEOs of major companies, says America’s health care system has become a liability in a global economy.

“Concern about high U.S. costs has existed for years, and business executives — whose companies provide health coverage for workers — have long called for getting costs under control. Now President Barack Obama says the costs have become unsustainable and the system must be overhauled.”

Source:  New York Times, March 12, 2009