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Biotech / Medical : Biotech Valuation

CRSP 56.38

-9.0%

Nov 4 3:59 PM EST

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To: Gary Mohilner who wrote (33017)	11/28/2009 8:59:22 PM
From: tom pope	1 Recommendation Read Replies (1) of 52153

If Medicare founders (why the IF?) it will be because there is no procedure it will not pay for, multiple times. I've now had 4 CAT scans and 2 MRI's in my little adventure with prostate cancer. Were all of them necessary, or were some just done to confirm a marker placement or to confirm the extent of the disease? Rationing will have to come in somewhere, but that's a third rail. As a result, Medicare WILL founder under its own weight. When I go back up to Duke on Monday I'll try to find out if my death panel has convened yet. It might save me hotel expense.

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