Good. Burn it all down and replace it with universal healthcare.
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Then they’re a monopoly, so we’ll split them back up in 20 years. And let this cycle continue again.
Public services have this one difference that they’re governed by a democratically chosen body
Awfully optimistic of you to expect that it’ll be replaced by anything better.
If I don’t have even a shred of optimism my mental health would be x10 worse. I need it, swiper no swiping. 🙃
Aw maannn
I have mixed feelings. On one hand I can absolutely see m4a being awesome if implemented in the laziest way and I can see Trump winding up doing that purely for popularity (highly unlikely but not impossible). But I imagine it’s more likely to be like tricare and i imagine it would explicitly exclude politicized Healthcare like abortion, birth control, and gender affirming care.
US Healthcare is in a pretty bad spot as it is, any durable improvement would be an improvement nonetheless. Just like how the Affordable Care Act was a significant improvement over the wild under-regulated denial-fest that the pre-ACA insurance industry was
I like your optimism but trump will hug Eric and tell him he loves him and that he’s the bestest boy ever before he implements universal health care
Oh then someone should [redacted]
but I wouldn’t leave replacing them off of the table…
Trump wants his solutions. It’s gonna be hard figuring out what solutions currently in place will be allowed to stay.
Burn the industry to the ground.
Is it 0? No?
Have a ways to go then.
Same goes for number of biz execs/CEOs.
Good. Shareholding and profiteering off healthcare should not be a thing. It should be a government service not a business, although I’d bet a million dollars I don’t have, that it won’t happen under Trump. And if it ever does happen, they had better fucking plan it to be rock-solid against ruthless cutthroat cheating grifters like him.
Health food shelter clothing.
All of these things should be provided to everyone in every country, paid for by taxes.
Just eliminate the struggle of the common person from these 4 things is a goal worth being a prime prime directive
I’m not entirely sure why the stocks are falling. Does anybody think they’re going to tidy up their profit margins? They’re going to walk around in armored limousines with security details. And the new administration is going to make absolutely certain they can still bulldoze their way through.
One of them already walked back a “we will limit the amount of anaethestic you’re allowed in surgical procedures” they’d announced.
The market sees that the CEOs fear for their lives and want to make it sound like they care rather than deny care, so profits will fall, because paying for healthcare is a lot more expensive than paying a call centre worker to say no.
Hence the industry as a whole is less profitable, because, you know, what with death being so unpopular suddenly these days amongst healthcare CEOs.
I’m assuming that investors think there might be a sea change in public opinion coming, which may drive some new, less profitable, legislation.
For once, we have a good news.
Sounds like tHe mARkEt thinks something will gut the industry. But there is no indication of actual real change happening. So what’s going on?
The rich are experiencing fear and reacting emotionally.
JackNicholsonYesYESS.gif
5 to 13 percent isn’t a big deal really. I bet it’s not even due to what article implies. investors don’t care about public perception, they’re worried that UHC changed course on a lucrative planned policy (restricting anaesthesia) and might do so again impacting profits.
That was Anthem Blue Thingy that changed course, not UHC.
Ah yes thanks for that you’re right
Wut?
U.S. regulations have three levels of a circuit breaker, which are set to halt trading when the S&P 500 Index drops 7%, 13%, and 20%.
Granted that’s the main market index not an individual security, but a 5-11% drop is significant. Iirc the last time it ended the day’s trading for the S&P was the start of COVID, when investors ran a fire sale liquidation because nobody knew if the whole world was going to die.
A downswing is a hurdle to recover from in raw math terms, and represents a bigger blow to vibes based trading, especially given the legislative (virtue signaling so far) action on anti-trust, or the current popular sentiment against insurers.
Most of these ghouls only care about money, so maybe this will help
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Why are they falling, the market can’t seriously expect the upcoming administration to regulate them.
No, but they expect vigilantes to regulate them.
Totally a buy opportunity. Long-term obviously. Especially in a recession.
Now into the why of the fall? There’s a new proposed bill to regulate HMOs, they don’t know what will happen there but with the public supporting it, it might be risky bet.
That and their latest balance wasn’t that good. I mean these types of companies have like a 6 to 11 percent profit margin. That’s not much money actually overall
How do I know this is legit?
you be the judge
have a nice day!
The wider left is in dire need of a big Win.
