billbays.com
  • Home
  • Blog
  • Video Archives
  • Contact

Status Quo

1/21/2010

0 Comments

 
Tuesday, when it was obvious to informed insiders that Brown would win in Massachusetts the word got out quickly. Sometime in mid-day I learned that health stocks were all rising. Health investors were smelling the defeat of health legislation. For the health business the status quo is victory. But, it is not a victory for the rest of us.

  The comprehensive health bills now in conference should be defeated. But, health care reform should be pressed more vigorously than ever.

  I would like to see Congress and the administration focus on attending to the known defects of our current health care system. Deal with the vast police work and all the repairs that have accumulated for a long time. There is such a long list. I think it is reasonably accurate to say most people associated with health service is over compensated. This includes hospitals, insurance companies, and down to providers such as physicians and various specialist. Procedures, should not be billed at such extraordinary costs as we see on every statement we receive from a medical service. It just can’t be justified.

  The high cost of services come about as a result of prevailing monopolistic conditions. Congress should concentrate on breaking up monopolies and give the market a chance to control costs. Of course, this is a big battle. Health providers like their monopoly, and are likely to pull out all the stops to keep the status quo. To be effective you can’t side swipe cost containment. That is why independent analysis and think tanks have been so critical of cost provisions in the current legislation.

  I know wider health coverage is very important and desirable. But, if we could reduce the abuses in the system we could get a better read on who cannot afford health care.

  The health care mess should be cleaned up incrementally without a pause. Then, Congress could possibly find more than 31% of Americans approve what they are trying to do, each step of the way.

  The people and their representatives need to let the health care industry know that the status quo is unacceptable.  If so, maybe health care investors should be more vigilant.



0 Comments



Leave a Reply.

    Author

    Bill Bays

    Archives

    April 2016
    August 2015
    June 2015
    April 2015
    February 2015
    January 2015
    December 2014
    November 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010
    December 2009
    November 2009
    October 2009
    September 2009
    August 2009
    July 2009
    June 2009
    May 2009
    April 2009
    March 2009
    February 2009
    January 2009
    December 2008
    November 2008
    October 2008
    September 2008
    August 2008
    July 2008
    June 2008

    Categories

    All

    RSS Feed

Website by Creative Cat
  • Home
  • Blog
  • Video Archives
  • Contact