Despite obscene increases in the cost of health insurance,
The number of bankruptcy filings among health care companies is "surging".
Because the geniuses who designed the "Affordable Care Act", "Obamacare" were so certain their legislation would completely eliminate uninsured citizens in the U.S., that they decided to offset the costs of the "Obamacare" by eliminating subsidy payments to hospitals that had previously been used to cover losses from treating uninsured patients.
These struggling health care providers primarily provide care within America's poorest communities in our inner cities and rural areas.
Now, right here is where your Uncle Roany explains ... as opposed to, predicts ... the future.
As inner city and rural healthcare providers fail, well financed investors will step in and acquire the assets of these failed institutions.
You will be told that this is a great thing that these people have done because poor people in this country will not have to face life without their local hospitals.
Then, the new owners of these "assets" will succesfully lobby Congress for the reinstatement of the former subsidies in order to guarantee that nobody, regardless of means should go without healthcare.
Then these now "viable" healthcare companies will be offered and sold at a significant profit.
These profits will be taxed as capital gains and as such at a reduced rate.
Congratulations all around.
Oh yeah, and as an aside, here's the Q3 2017 US personal consumption totals.
Your goverment at work.
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