When reading an article like this, it's helpful to look at the evidence that supports or denies the underlying assumption - IOW, IS the government as a single buyer holding healthcare costs down to a point of destroying profitability?
Given the very high costs of medical care in the US relative to other countries, (not to mention serious efforts by congress to keep medical costs high) I found this assumption doubtful.
First check - Florida, as is well known, is very much a retirement haven. Therefore, if Medicare is paying less than breakeven since the advent of the ACA (2010) then we'd have reduced hospital construction, etc.
Twenty two hospitals have been built in Florida since 2011. Many are in the exact Florida counties that have the highest numbers of retirees.
Fail on first check.
Second check - is HCA showing rising profits or losing money? Whew, their profits are climbing like a rocket! Crazy numbers, look em' up for yourself.
Fail on second check.
While I'm not wild man enough to grab a crystal ball and predict the future, I'd have to give this article a total fail on matching current reality.
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Obamacare, Monopsonies, And Inflation – Nice Try!
When reading an article like this, it's helpful to look at the evidence that supports or denies the underlying assumption - IOW, IS the government as a single buyer holding healthcare costs down to a point of destroying profitability?
Given the very high costs of medical care in the US relative to other countries, (not to mention serious efforts by congress to keep medical costs high) I found this assumption doubtful.
First check - Florida, as is well known, is very much a retirement haven. Therefore, if Medicare is paying less than breakeven since the advent of the ACA (2010) then we'd have reduced hospital construction, etc.
Twenty two hospitals have been built in Florida since 2011. Many are in the exact Florida counties that have the highest numbers of retirees.
Fail on first check.
Second check - is HCA showing rising profits or losing money? Whew, their profits are climbing like a rocket! Crazy numbers, look em' up for yourself.
Fail on second check.
While I'm not wild man enough to grab a crystal ball and predict the future, I'd have to give this article a total fail on matching current reality.
The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
Rolleyes. No sense of history at all. These "debt crises" come in regular waves, pretty much the same group of nations every time. Didn't end the world last time, won't end it this time. en.m.wikipedia.org/wiki/List_of_sovereign_defaults en.wikipedia.org/wiki/Latin_American_debt_crisis