The Geoffster

U.S. Healthcare Legislation Investment Impact

The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to "help."”

Thomas Sowel


On Nov 09 11:21 AM Michael D. wrote:

> So worried that investments will fall in value when cash flows and
> margins are reduced due to the 'commoditization' of healthcare.
> This is what can be expected, healthcare won't be only available
> to the priviledged few, but the masses. Bravo to the USA.
>
> From the investing standpoint, there is no mention of the increased
> volumes of healthcare being delivered if you finally have a population
> who a)has access to a doctor and a basic plan and b)is not refused
> from insurers due to 'pre-existing conditions'.
>
> I'm a good socialist, society means you take care of everyone. I'm
> still long on Healthcare too. 'Everyone' is a bigger pond than 'few'.

Murphy's Law of Economics and Health Care

On Oct 26 12:03 PM John Lounsbury wrote:

> Geoffster - - -
>
>
> Let the poor go uncared for? If they were animals, it would be a
> crime called animal cruelty by reason of neglect.
>
>
John: If I abuse my dog, it's animal cruelty. If someone is sick, I may have a moral or religious obligation to help them, but my failure to do so is not animal cruelty, nor do they have a right to my help.

Murphy's Law of Economics and Health Care

John: Why is health care a right? If poor people are entitled to government provided health care, why aren't they entitled to government provided life care? It's a slippery slope my friend and I think the leftists have got it figured out.

12 Cheap Growth Companies

What do you think the overhead will be with a government bureaucracy and how will Americans react to being told that they can't have that MRI or intestinal bypass?


On Oct 25 12:20 PM Uncle Pie wrote:

> Healthcare in America is about 35% more costly per capita than it
> is in other developed countries because the health insurance oligopoly
> marks up the cost of health care by that much. Take a look at the
> income statement of any of these companies. You'll find that about
> 2/3rds of revenue goes to pay for actual health care (ie. claims)
> and the other 1/3rd goes for overhead, executive compensation, dividends
> to shareholders, etc. It's not hard to connect the dots. Trouble
> is, such a costly system makes our labor costs non-competetive, and
> leaves 48 million people without access to healthcare. The whole
> system is on the verge on collapse which is the only reason the politicians
> are paying any belated attention to the issue. I'd think twice before
> investing in health insurance companies like WLP or AET or AIZ or
> HUM and am not surprised by the low p/e ratios as their business
> model is not long for this world. Health care costs per capita in
> Canada are 1/3rd lower than ours and Canadians have a longer life
> expectancy, according to figures in The Economist magazine and elsewhere.
> Number of health insurance companies in Canada: Zero.

The Hypocrisy and High Stakes of Healthcare Reform

Adopt free market health insurance reforms. If you can't afford your premium, move to Canada.

The Hypocrisy and High Stakes of Healthcare Reform

Health care reform is a misnomer. The main drivers are demands for universal health care and the requirement for cost control. There is no free market for health care. The market has never been allowed to operate free of government mandate.The system was rigged in favor of employer provided coverage because of WW2 era wage and price controls.Health insurance is a joke. Insurance companies have an anti trust exemption which kills competition. In order to cover everyone, costs must be shifted to those who can pay. Socialists favor this approach but, for libertarians like myself, its another blow to liberty. Your entitlement is another man's oppression.

The Link Between Bankruptcies and Health Care Reform

"Serious health care reform would probably be the biggest single step toward reducing the number of bankruptcies in this country"
Perhaps, but the bills making their way through Congress do nothing to control costs. Instead of individual bankruptcies, we'll be facing national bankruptcy.

'Blue-Dogging' Health Care

In the final analysis, the public option will eliminate private coverage for all but the very wealthy who will continue to receive exceptional health care. A public option is anti competitive per se. Without the profit motive, there is no incentive for efficiency. Furthermore, government run programs are always subject to political interference. A better alternative would be the repeal of the McCarran- Ferguson Act which delegated the regulation of the insurance industry to the states. A nation wide market for health insurance regulated at the federal level would be preferable to medicare for all.