skwestorange

Pundits Are Wrong: Healthcare Reform Will Increase Profits

This claim/opinion is just seems to be a misinformed fear. Many States now have for-profit and not-for-profit insurance providers competing and doing so with profit, growth and innovation. New Jersey is one such State and so are CA and WA.


On Sep 17 10:51 AM Shotei wrote:

> The only problem is "Public Option" will run those private insurance
> companies out of busness in a few years. Being forced to cover everyone
> and pre-existing conditions would be enough to close them all down
> but to also have to compete with the government that is more than
> willing to take a lose for many many years (see post office) will
> make it impossible for them to stay in busness. If your long on all
> those drug companies my advise is to run don't walk to your broker
> and sell like there's no tomorrow because there may not be.

Pundits Are Wrong: Healthcare Reform Will Increase Profits

Good review and observations from our historical experience. My one big question on this is: Is it not true that all the supposedly new entrants (they have been living in the USA) have been getting their care all along one way or another? Perhaps no preventive care, but surely on need care for illness(es) and emergencies. If this is true then are we not talking about redistribution of providers and dollar flows. So where does all the huge $ in additional revenue and profits come from?