More on buy thoughts on the Healthcare drain: This is going to be
significantly BIGGER than many, I say, many have suspected:
From 1990 to 1999 HMOs have kept a lid on costs. You had a headache
and they just told you " you don't need a $1000 CAT scan.
(True: 99.7% of CAT scans for headaches are negative;
9 out of 10 headaches are simply due to nervous tension ).
In fact HMOs should really have been called HROs:
" Health Rationing Organizations ".
This is now gone. Yuppies have all sort of stresses now
( broken loves, divorce, extra working, failed dot.coms
whatever ). Theyhave headaches , heartburn and because
obesity is at an all time high, they are tired.
( ALL these symptoms: heartburn, headache, fatigue, are called
" psychosomatic: i.e. there is nothing physically wrong.
ALL tests WILL BE NEGATIVE ). There is NO NEED to do ANY
testing.
And yet Yuppies will want ALL that testing to be done:
a) because they don't trust the DOC.
b)to pacify them and reassure them that they are not dying
tomorrow.
c)The Doc will be more than glad to them; he may get a
slice of those profits ).
Because of HMOs, ( or " HRO's " ) health costs where kept down 1990-1999,
and IMHO, those healthcare moneys went to fuel this incredible
bull market.They went into stocks.
Now there will be a gusher of money flowing back into healthcare and OUT of the stockmarket.
That will be a NEGATIVE DRAIN on the economy.
It will NOT increase the GDP on iota. It will actually lower it.
TA |
