Saturday, March 18, 2017

Steve's barking; Get out, get out of health care stocks

Get out of health care stocks before it's too late.
Under the proposed healthcare bill by Paul Ryan insurance companies will lose money.
Younger male workers instead of buy health care insurance at a lower rate will forgo health health insurance. Bad for insurance stocks.
Older workers will forgo healthcare insurance because the price wold be prohibitive. Bad for insurance stocks.
There might even be less doctors, after all new doctors are paid by Medicare and Medicaid and guess what Medicaid is being reduced. Bad for hospital stocks.
There being no incentive for companies to offer health insurance to their employees. Bad for health insurance stocks.
Why should a person use their healthcare savings account when they can use the money in it to pay their doctors directly. Bad for health insurance companies.

The patient can possibly negotiate with their doctors.
"If" healthcare companies lose much if not all their profitability they have no one to look at then themselves.

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