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Re: Obama Care
Every health care system in the world has issues and there is anecdotal evidence for just about each one showing it's failures. Likewise, there is also plenty of anecdotal evidence in support of most of them.
In 10 years we will know if the system enacted this week delivers on its promises. Personally, I predict that in about 5 years, quality of care wiill decrease for the vast majority of Americans while their costs increase. Further, we will still be getting horror stories of inadequate care or unaffordable services. Not the same type as today, but horror stories still the same.
But "Yay!!" We have universal health care.
My advice: Start a health insurace company. Plan for 5-6 years of boom profits as mandated insurance provides a huge new customer base. After that, as costs skyrocket due to Dr. shortages, malpractice costs, and skewed market forces, plan on a two year wind down by increasing premiums to drive your customer base into the public option. Under most state regulations, your mandated reserves will carry you through a year or two for winding down. It's a short term plan, but properly played worth a few million. Good luck!
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