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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: puborectalis who wrote (71280)	11/13/1999 6:53:00 AM
From: DlphcOracl	Read Replies (2) of 120523

OT: Stephen Karasick: Re: Medical Bailout This may be one of the few most significant pieces of legislation that Sen. Kennedy pulls out of the Congress. It was inevitable that medical teaching and research would suffer when the HMOs began their ascendance. While the public at large thought that they would be instrumental in reducing health care costs, all they have done is siphon money formerly used for medical teaching, education, research and indigent care and transferred it into massive administrative costs and a never-ending army of paper-shufflers. Any money left over went into shareholders pockets (although their administrative costs have been so staggering that they have been lousy investment). The public is starting to awaken to the fact that the "Old System", with its own set of problems (higher-than-inflation rising costs, lack of coverage for a substantial part of the population, etc.,) was probably not as bad as the slew of problems that the proliferation of HMOs created.

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