The change that has gone on in the American Economy is such and the growth of the American Healthcare system is such that in communities run the country, hospitals are the major employer or certainly one of the major employers. Cedarssinai is the sixth largest private employer in los angeles county, just as an example. At the same time, all of us have to recognize that as organizations, we are going to have to be more efficient. We are going to have to figure out how to deliver care in ways we have not thought of until now. Technologies are that are coming along, whether that technology is in the form of new discoveries around Molecular Medicine and other things that allow total cost of care. We have to work on the issue of total cost of care, not just the unit cost. We have to work on both, keeping in mind what is the total cost of care. Over time, using the International Comparison that john mentioned earlier, if you look at what are the reasons for that, i think your observation is
Retirement, but in law there is something called a catchup contribution that you can make to your Retirement Plan after age 50, so that is meant to solve that problem, so that is a good thing. The problem in current law is there is also something called minimum distribution retirements which starts at age 70. 1960. S picked in that was really old. 70 is not old now. So law has a lot of adjustments to make in that regard. I think it would help when you go to college or go to grad school, youre not thinking of next year, youre thinking of a whole career. To think it is best to think of these things in terms of the lifecycle. Hello, thank you so much for having this amazing panel and for each of you being here. I am one of the thousands of feds that are furloughed. Youre not allowed to work. I was told that we would not receive any salary for perhaps three to four weeks or more. And many of us are looking to our Retirement Savings for hardship loans, which is the absolute worst thing to d