Showing posts from January, 2011

Why not private healthcare?

The traditional "for profit" economic model works great for most things . For instance, take the mythical "widget". You research all the different types of widgets, find out the best deal, and purchase it. Manufactures and suppliers compete to offer the best widget for the lowest price . You set a budget, and buy the "most bang for the buck" widget. Now think about healthcare. What if your child has cancer? What is your budget to save them? Are you going to be enticed by a discount coupon or "one day only sale" from one of the local competing hospitals? Are you going to make a rational cost-benefit decision? Or would you be willing to mortgage your house, cash out your RRSP, and sell everything you own , if it meant saving them? That's the problem. The standard "supply and demand" economic model does not apply. Now, I definitely think private healthcare has a role -- for elective and optional procedures. But for

Got problems? IPD: Identify. Plan. Do.

Do you have any problems? I sure do. Tons of them! Everyone has problems. You might even call them "challenges" or "puzzles" or "opportunities". I use an incredibly complex, patent-pending 3-step methodology for dealing with them: Identify Plan Do This may seem like a very  simple idea, but I assure you, most people do not follow this. Everybody gets step 1. Most people know their problems. Then then add: Step 1.a) Worry about the problem. Step 1.b) Complain about the problem. Step 1.c) Make up excuses for not addressing the problem I call this the WCE problem-solving methodology -- pronounced "wuss" ;) I have news: WCE does not work. They are unnecessary steps. A few people get to step 2, the planning stage, but never complete that step. What about step 3: Doing -- the one that really matters? Hardly anyone ever makes it there. They're still too busy cranking out excuses. So next time you come across a pr