Conference Presentation, Panel, Fireside Chat
The Future of Health 2018
Milken InstituteTanisha Carino, Francis Collins, Diana DeGette, Jim Yong Kim, Michael Milken, Rajiv Shah
Biomedical Research and Data Strategy (Panel 1)
- Economic Impact of Health: Advances in health and medical research account for up to 50% of all economic growth over the past two centuries.
- 21st Century Cures Act:
- Enacted nearly 18 months prior to the conference with strong bipartisan support.
- Provided $2 billion in guaranteed funding over five years and an additional $1 billion appropriated in the subsequent budget year ($3 billion total).
- Reduced regulatory barriers ("red tape") and enabled new data sharing requirements for NIH-funded research.
- Increased funding stability for early-stage investigators, reversing a trend of squeezed opportunities since 2003.
- The "All of Us" Research Program:
- An unprecedented national initiative to recruit 1 million participants for a longitudinal cohort study.
- Utilizes electronic health records, genomic sequencing (costing < $1,000), and wearable sensor data.
- Currently in beta testing with 42,000 enrolled participants across 100+ sites.
- Focuses on holistic health factors (diet, exercise) rather than just disease, aiming to reduce bias by ensuring 50%+ of participants are from traditionally underrepresented groups.
- Data Interoperability:
- Despite widespread adoption of electronic health records, systems remain "clunky" and non-interoperable.
- Dr. Collins emphasized the need for standardized data collection to enable large-scale, real-world evidence generation.
- Opioid Crisis Response:
- Congress is developing comprehensive legislation to address the crisis beyond the initial $2 billion in state funding provided by the Cures Act.
- Focus areas include researching non-addictive pain medications, investigating pill dumping, and implementing true mental health parity.
- Public Engagement:
- Beta testing revealed a 50% participation rate across all demographics, driven by altruism and the assurance of data return (personal health/genomic data) to participants.
- Privacy concerns persist regarding data security, though participants accepted risks due to end-to-end encryption and partner-level involvement in study design.
- Global Collaboration:
- International projects (e.g., HapMap, Microbiome Project, UK Biobank) now involve over 18 million participants.
- The U.S. aims to lead in establishing data standards for cross-border meta-analyses.
Human Capital and Economic Prosperity (Panel 2)
- World Bank Human Capital Index:
- The World Bank plans to launch a global ranking (1–180) of countries based on health and education outcomes.
- The ranking aims to create political pressure on leaders to invest in "no-regret" investments: broadband, clean energy, and human capital.
- Metrics combine "learning-adjusted years of schooling" with health outcomes (e.g., child stunting rates) to predict economic growth.
- Target audiences include G20 leaders, credit rating agencies (to influence sovereign bond costs), and business investors.
- Economic Shifts and Risks:
- Global manufacturing is shifting toward automation (e.g., robotics in Bangladesh garment factories), closing the traditional path for low-skilled labor absorption in developing nations.
- Without significant investment in human capital, developing nations risk fragility, conflict, and mass migration to developed regions.
- By 2025, near-universal broadband access will increase middle-class aspirations globally, necessitating skills aligned with a technology-driven economy.
- Private and Philanthropic Capital:
- With global government spending tightening, private donors and foundations are filling vacuums in health and infrastructure.
- U.S. charitable giving reached an estimated $390 billion in 2016; the World Bank is increasing annual lending to $8 billion.
- Investment in community health yields $7–$10 in economic value for every dollar spent.
- Food Systems and Health:
- A major risk involves 2–3 billion people moving from $2/day to $10–$20/day income, potentially replicating the U.S. model of high processed-food consumption and obesity.
- Obesity currently costs the U.S. $1.5 trillion annually; projections suggest similar costs for China and other emerging economies.
- Private sector is shifting toward alternative protein sources and sustainable food systems to prevent non-communicable diseases.
- Inequality and Early Development:
- Stunting and malnutrition in early childhood (e.g., 45% stunting in Pakistan) directly correlate with future earnings inability.
- Disparities exist even within developed nations; a child born in Detroit has early-life health outcomes roughly one-third of a child in a suburb.
- Philanthropic Strategy:
- High returns on investment come from supporting young scientists and early education (e.g., coding and robotics in Singapore schools at age six).
- The Rockefeller Foundation and other foundations are shifting focus to "science-based community health" and resilience rather than just emergency aid.
- Future Outlook:
- The "Human Capital Project" seeks to change the mentality of finance ministers from waiting for donations to proactively investing in health and education as drivers of sovereignty and stability.
- Global market capitalism must be restructured to ensure all populations have a role in the future economy to prevent systemic instability.