The Insurance Industry Shows Obamacare Who's Boss

The Patient Protection and Affordable Care Act, also known loosely as Obamacare, was passed in 2010 to completely reform our current health-care system. The majority of those reforms were targeted at minimizing the rising costs of health care, requiring insurance companies to accept patients with pre-existing conditions, and protecting our hospitals and citizens by giving them access to broader forms of health coverage.

Part of those reforms -- as we found out in February through a statement released by the Centers for Medicare and Medicaid Services, or CMS -- included what was expected to a mid-single-digit drop in reimbursements for insurers who provided Medicare Advantage plans.

Medicare Advantage plans are more expensive than traditional Medicare plans, but they offer significantly better coverage -- including vision care -- and often allow for lower out-of-pocket costs, making them the perfect solution for more than 13 million seniors around the country.

There was serious concern from the get-go for insurers like Humana (NYSE: HUM  ) , Universal American (NYSE: UAM  ) , UnitedHealth Group (NYSE: UNH  ) and Health Net (NYSE: HNT  )  -- which generate 63.5%, 75%, 25%, and 25%, respectively, of their revenue from Medicare Advantage plans. These insurers made it clear that if these rates were to continue into 2014 they would simply reduce the amount of benefits offered and shrink the overall scope of the provider network.

The idea of higher premiums and fewer benefits didn't sit too well with Congressional lawmakers, insurers, or insurance advocacy groups, which took to aggressive lobbying since the decision was announced in February. Last night, that lobbying turned out to be wholly worthwhile.

As a warning shot aimed directly across the bow of Obamacare, the insurers operating in the Medicare Advantage industry were informed by the CMS on Monday that it had decided to reverse its original recommendation of a 2.3% reimbursement cut in 2013 in favor of a 3.3% increase in the rate of reimbursement!

The reversal decision came about after the assumption was made that Congress would keep payment rates to doctors from falling next year, which is in contrast to the reduction in pay rate that had been factored into the February assessment. It also acts against the premise of the PPACA, which is to wean private insurers from relying on government aid for certain health care plans, including Medicare Advantage.

The bigger story here appears to be the kick in the shin that Obamacare just took at the hands of the insurance industry. By exerting its lobbying power -- hinting at the possibility of reducing benefits for 13 million-plus seniors in 2014 -- and getting some 160 lawmakers to write letters to persuade the CMS to change its opinion, the insurance industry effectively dictated itself a raise.

From an investment standpoint, insurers like Humana and Universal American -- which have significantly more revenue and profit exposure to Medicare Advantage than anything else in the product portfolio -- should benefit the most. UnitedHealth Group and Health Net should benefit as well, although their health solutions offered are more diverse, so the impact won't be as substantial. I urged for calmer heads to prevail in February with regard to Humana, and that appears to have been prescient advice now looking back.

The score now stands: Insurers, 1; Obamacare, 0 -- whose turn is it next?

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  • Report this Comment On April 02, 2013, at 11:38 AM, rdmcdonald48 wrote:

    This article is for all of you people out there who said that Obamacare was "written" by the nations insurers.

    Once again those, with little no factually based information and only internet driven rumor, are proven to be dead wrong.

    Before those of you espouse the "fact" that the insurance industry wrote Obamacare, ask yourselves one key question; "why would a multi-billion dollar industry write its own epitath, also know as Obamacare"?

    Your President, a Chicago neighborhood organizer with no real world experience.

  • Report this Comment On April 02, 2013, at 11:44 AM, Bigjimbo111 wrote:

    Obamacare is a complete ciommunist takeover of the Health Industry and has failed.

    You amy want to go buy a book and find out that it is a cheat for most of us, more expensive for most, a handout for some and les coverage for those who had it before.

    OBAMA IS A LEFT WING COMMIE, this is going to be the worse mess this country ever had.

  • Report this Comment On April 02, 2013, at 12:14 PM, insurancebroker wrote:

    Medicare advantage is far less expensive than the supplements which are THE avenue for almost all fraud and abuse of Medicare program. Medicare Supplements should be outlawed in order to save the whole system. The fact that insurers successfully lobbied to get higher payments is not a loss for Obama but a loss for all working taxpayers. We subsidize an industry that should not exist. Health insurance preys on the stupid and poor through fear and confusion with the support of AARP. The fact that only those in the Medicare system have a health plan that ranks in the top 25 in the world for dollars spent for the quality care delivered tells me that insurers are bleeding the nation. AARP is a marketing organization masquerading as a citizens lobby. Most business' have health plans sold by brokers that have premiums that exceed annual maximum out of pockets- if you were collecting these premiums you would lobby to keep the cash cow from slowing the milk supply. We are living in an era where lobbyists buy influence for the small percentage at severe cost to everyone else.

  • Report this Comment On April 02, 2013, at 12:15 PM, crankincraig wrote:

    What a joke.. The real losers here are the working taxpayers who currently buy their own health insurance... Higher premiums, taxes, fines, penalties, etc. This bill was not about providing health insurance to people who cannot afford it, it was about a complete government takeover/ money grab. Who trusts the government??? SERIOUSLY?? My health insuarnce provider is not 1.6 trillion in debt. Lets just hope there is not a trillion dollar war going on in a few years when people need insulin, organ transplants, etc. We all know war funding and foreign aid is guaranteed but medicare and government run systems have been a complete failure when money is tight.

  • Report this Comment On April 02, 2013, at 12:27 PM, machamuvitz wrote:

    The article should have been entitled: Pass the Buck, blame anyone else but Obama and Pelosi.

    I am not surprised that the article was "planted" to sway opinion and place the onus far away from Washington. The electorate is not as myopic as the WH.

  • Report this Comment On April 02, 2013, at 12:33 PM, creepE2 wrote:

    Odumbocare forced on the people by a weak voting House of Rep. 2014 get Reid and his cronies out of office and repeal Odumbocare so we can get this country out of the mess Odumbo has gotten us into and lets get back on the right track. We are neither a Socialist nor a communist leaning nation. A Republican congress is the only way to clear ourselves of this oppressive debt we are allowing our leader??? to heap on our already strained and jobless and weak economy. GOD BLESS AMERICA!

  • Report this Comment On April 02, 2013, at 12:47 PM, explowilly wrote:

    Obamacare was just a step along the way to single payer. What the insurance companies are doing is just going to be a boost to Obamacare. Go Obama.

  • Report this Comment On April 02, 2013, at 12:54 PM, JohnT789 wrote:

    reforming healthcare would have been nice. I suspect it would have taken much more drastic steps to go after all the criminal aspects of it. Combating fraud and criminal billing practices would be a start . Setting up a much more invasive Government investigative division on Federal,State and County government levels would have also been necessary. I don't think that what they've written into law will help . If the government applied special prosecutors to go after the inequities of all the levels of misuse and incompetence in the National System , and turned the Police State against these (and the Insurance Industries) abuse of the public trust , they might make a dent after 10 years of weeding out the bad from the good. Look at it with a fresh eye , as if the law had not been written yet and all the finger pointing and blame game party politics were not everybody's call to arms.

  • Report this Comment On April 02, 2013, at 1:08 PM, carolg10000 wrote:

    absolutely disgusting that lobbyists for big business can undercut any legislation that they choose to, because our legislators are the best you can buy. big insurance couldn't manage it through the supeme court, so simply write an iou to our 'representatives' and you can have ANYTHING you want. i don't care what side of the debate you find yourself on, if you don't find this insulting and FRIGHTENING, you're not thinking.

  • Report this Comment On April 02, 2013, at 1:15 PM, zen48 wrote:

    America is like a carnival and the insurance industry is the booth where you throw balls at a stack of bottles that are impossible to knock apart. Step right up and lose your money!

  • Report this Comment On April 02, 2013, at 1:22 PM, Seriously22222 wrote:

    Why is everyone squabbling over inconsequential things that do not make any difference at this point. Shouldn't we be asking how we will pay for the 5.6%increase in costs that this article just informed you about? Especially since all of the studies released about long term effects of this are going to be much costlier than we were originally told. Healthcare for everyone sounds great, but first this bill doesn't do that, and second someone has to pay for it. I would like to have a new house, and a new car, and a new wardrobe but I don't because they are not in my budget. Someone needs to tell the government to quit spending what it doesn't have.

  • Report this Comment On April 02, 2013, at 1:35 PM, kmh0591 wrote:

    The ACA was not healthcare reform, it was an attempt to reform the private insurance business, essentially to save the current, dysfunctional private model. Unfortunately, it will ultimately fail to address the cost issues, so it will fail in the end. After that, the political will to address our healthcare problems will revert into responding only to crises. There are far to many stakeholders in the healthcare industry and too many politicians in their pockets for any serious, comprehensive reform to take place.

  • Report this Comment On April 02, 2013, at 1:38 PM, 12waterman wrote:

    who pays for health service for those with out insurance ??? I was recently notified that my auto insurance preminum would be increasing by $16 a month due to the number of accidents/claims in my tri-state area Grace & Mercy of GOD I have never been in an accident why is my premium going up Still waiting for my "good driver" reward

    your in good I mean great hands people

  • Report this Comment On April 02, 2013, at 1:41 PM, cdkeli wrote:

    We are utterly opposed to the Keystone pipeline project::

    1.Devastates the pristine lands and native homes of Canadians and American citizens alike;

    2.Distillation of low-grade, transport, and use of such foul material will contribute to climate change;

    3.Delay critical development of clean, green energy innovation and implementation;

    4.Construction of pipeline by demonstrably technically incompetent, indifferent companies with atrocious safety histories notable for outstanding fines and continuing and long-term failure to properly clean and dispose of numerous existing toxic spills;

    5.Pipe planned for use is of cheap substandard steal and will not weld correctly or safely;

    6.Monitoring of pipeline is provably unreliable by current and proposed technologies. Period;

    7.The technology to build this large of a pipleline is unprecedented as are the challenges. The technology simply does not exist at the present time to insure the safety of all those in the impact zone of this project;

    8.the sole motivation for this project is the obscene profit to be made by a few while many may toil to build this edifice to hubris, their jobs will be short-lived (6-months) and a sad testimony to man's greed and arrogant hubris.

    9.TransCanada has publicaly admitted to falsifying the number of jobs this project will require (20,000 vs 5,000) and sundry other details about the work involved.

    Many other reasons remain, just as consequential as the above and details can be provided if requested. Please do not make the mistake of passing this devestating project which poses a dire threat to the safety and health of this nation and ultimately the world. Â This is far more than some jobs program and throw-away to the republicans in congress - passage of this bill will stain the Obama presidency for years to come and will rival the success of the Healthcare Act. Please dare to act in the planet's best interests.

  • Report this Comment On April 02, 2013, at 1:48 PM, 1pOwedyank wrote:

    Let's pass it so we can see what's in it, tells me everything I need to know about this bill and our "leadership".

  • Report this Comment On April 02, 2013, at 2:14 PM, Robert1992 wrote:

    I wonder Hmmmm---Did Pelosi and Reid

    read the bill yet???

  • Report this Comment On April 02, 2013, at 2:22 PM, 23rdoc wrote:

    Obamacare will be more expensive by design. If you insure your kids up until the age of 26, free preventative health care, and make it mandatory how does that make it less expensive? It turns into a kind of public utility where everyone must have it to be able to be part of mainstream society. Furthermore when you make everything covered, that includes birth control for everyone, prostate exams for everyone, and pap smears for everyone. Yes insurance policies are that specific and this act makes it so that all the policies are exactly the same no matter what sex, age, and or medical condition. Lets compare it to auto insurance, everyone has different needs, risks, income levels so our auto insurance reflects that in the coverage we choose. Well, with Obamacare, we can't it is chosen for us and we have the max coverage. For low income persons that is great. For the rich it is inconsequential because they can afford it. But, for the middle and lower middle income who fall just short of govt. help the financial burden is catastrophic.

  • Report this Comment On April 02, 2013, at 2:35 PM, Wasatcher wrote:

    The insurance companies should be removed as middleman between patients and their doctors. That's the only thing I don't like about Obamacare . . . you have to PAY FOR INSURANCE!

    Remove the insurance companies from health care because they are all about profit not health!

  • Report this Comment On April 02, 2013, at 2:40 PM, IgnorantWhite wrote:

    Healthcare is not the problem... It's the a news that are bais towards something they don't like...like these FOOLS that tell you insurers 1 President Obamacare 0. They like jokes.. It's still your choice to look for the plan that suits you and affordable. I have Medicare... And I get my prescription for one dollar a piece. Doctor visits... I pay nothing.. Medical .. Nothing ... So I don't care about the percentages that the insurers are gaining or loseing...medicare takes care that... I get good follow ups and medical treatment.. So I don't know what these fools are talking about....

  • Report this Comment On April 02, 2013, at 2:49 PM, mzaz86442 wrote:

    Confused, I became confused when I heard the word "Service" used with these agencies:

    Internal Revenue 'Service'

    U.S. Postal 'Service'

    Telephone 'Service'

    Cable TV 'Service'

    Civil 'Service'

    State, City, County & Public 'Service'

    Customer 'Service'

    This is not what I thought 'Service' meant.

    But today, I overheard two farmers talking, and one of them said he had hired a bull to 'Service' a few cows. BAM!!! It all came into focus! Now I understand what all those agencies are doing.

    I hope that you are now just as enlightened as I am :—)

    AND we have ,,,,,,,, Obama servicing our economy ,,,,,,

    SOOO NOW ,,,,, you know what is happening.

  • Report this Comment On April 02, 2013, at 2:50 PM, zobmiecat1212 wrote:

    "Medicare Advantage plans are more expensive than traditional Medicare plans, but they offer significantly better coverage -- including vision care -- and often allow for lower out-of-pocket costs, making them the perfect solution for more than 13 million seniors around the country"

    Um....most Medicare Advantage plans do not have a premium and the ones that do are under $60 generally.....It's the full Medicare Supplements that cost ($150 and up on average)! Advantage plans are a cost sharing platform, like a normal health plan with copays and max out of pocket expenses. Supplements pay 100% of the leftovers after Medicare pays their portion.

    It might help to double check these things before writing an article?

  • Report this Comment On April 02, 2013, at 2:59 PM, terry21128 wrote:

    Another fleecing of america by big insurance.medicare advantage plans are nothing more than government subsidies,that taxpayors have paid dearly for,Profits that go for strictly for high executive pay, bonuses etc yeah no wonder it was more affordable and offered eye glasses,dental, a little extra they were making plenty of money to run business.Now that their shutting the gravy train off they want to cry about it.Understand this is the biggest problem with insurance companiesTheir making big dollars off the backs off the working class people.why dont they just subsidize each person.If you dont think its a real big gravy train, look at all the different plans, that are in your medicare booklet.It is redicoulous.They know they can take advantage of the elderly.Ive even heard some agents comment on it.

  • Report this Comment On April 02, 2013, at 3:30 PM, SactoJohn wrote:

    One of the most useful books on how healthcare can be delivered is T.R. Reid's "The Healing of America: A Global Quest for Better, Cheaper and Fairer Health Care" . It shows how health care is delivered in many other industrialized countries. Somehow these countries manage to provide superior healthcare at MUCH lower costs than the current U.S. model and probably in he Obamacare model as well.

    Reid is a senior reporter for The Washington Post who took an old injury he sustained in the military to be evaluated by health systems around the world -- Canada, Japan, UK, Germany, France, and the U.S. He describes what the health care systems in each place is like. There is NOT a "European socialized medicine" model because each country has very different formats. There are advantages and disadvantages in each, which Reid thoroughly discusses in very readable fashion.

    My only regret is that this book was not required reading for all sides of the Obamacare law when it was being debated and formulated.

    There's a lot we could have done better, as this book demonstrates.

  • Report this Comment On April 02, 2013, at 3:45 PM, Dadw5boys wrote:

    Most of the Seniors who have the Advantage Plans already have a high out of pocket co pay even with the extra insurance. Most will not be able to pay the $4,000 plus bill that will come for a couple of weeks recovering in a skilled nursing facility.

    Those who can afford it have the more expensive plans that pay everything that Medicare does not pay. Along with the drug card.

    After the bills add up for a while they will have to file bankruptcy and since they are already poor they lose nothing. They would be bettoer off not carrying any extra insurance.

  • Report this Comment On April 02, 2013, at 3:52 PM, danno228 wrote:

    You Obama supporters got what you wanted, now pay for it. More are coming your way. Just think what it would be like without Obama. Good luck.

  • Report this Comment On April 02, 2013, at 4:16 PM, mamie22227 wrote:

    No one expects anything less from an insurance company...they are excess profit and no loss motivated only...

  • Report this Comment On April 02, 2013, at 4:53 PM, hgs3 wrote:

    It is not the premium that's more expensive in advantage plans, it's the cost to medicare. It is a totally bogus system that charges the government to provide additional coverages that are excluded from medicare, such as vision coverage. Why does medicare support these even more expensive (to the government) plans? lobbying by the insurance companies of course. Ironically copays for many "advantage" plans are now higher than those for traditional medicare--not what I'd call an advantage.

  • Report this Comment On April 02, 2013, at 5:08 PM, wazzamattau wrote:

    'We had to pass the bill, so you could find out what's in it'.

    - Nancy Pelosi

  • Report this Comment On April 02, 2013, at 6:00 PM, fpl1953 wrote:

    This is what we can expect letting for-profit health insurance companies write the rules. Although this plan will bring them many millions more revenue, they aren't willing to reduce their profit margin at all, they will slash benefits like a Republican so that not only do they earn more revenue, profits will remain at 65% of revenue. Anywhere else on earth companies are not allowed to profit from suffering. Health care should be non profit by law, change the goal from maximizing profits by denying care to sick people and paying health care workers minimum wage to a better goal of minimizing cost by improving health, and maximizing the quality of care by paying health care workers better. That's why everywhere on the planet with non profit health care provides better health care for a fraction of what we pay, because most of what we pay goes to profits. With a non profit you can pay health care workers better and improve health at the same time. This isn't conjecture, it's proven over and over and over in the Northern European countries that have strong social programs and even stronger economies because everyone is educated and healthy.

  • Report this Comment On April 02, 2013, at 6:02 PM, michaelbinCA wrote:

    When dental care became out of reach here in the US where my ancestors came circa 1790 paying their own way, I obtained a passport and a round-trip ticket to San Jose, Costa Rica.

  • Report this Comment On April 02, 2013, at 7:40 PM, RobertLB1 wrote:

    I favor an idea of a not for profit health care insurance provider and system. One that owns its own hospitals, maintains its own doctors and nursing staff, and provides its own malpractice insurance A not for profit healthcare system can charge much lower fees than current for profit healthcare facilities. Did any one ever wonder why CAT scan and MRI cost the same as the day it was new? These machines are paid off within a year, but hospitals still charge $1,000+ for the life of the machine. Even current not for profit hospitals are raking in cash because of endowment and fund raising. My calculation determine that such a not for profit healthcare system would flourish as long as politics and for profit insurance companies interference was avoided.

  • Report this Comment On April 02, 2013, at 8:31 PM, daveweave2 wrote:

    Not crazy about Obama and there are very few of our elected I trust. You need to read Marx and understand what Communism is and why it does not work. Obamacare is Capitalist as hell he sold us out to the insurance lobby with lots of help from congress. The insurance company profits have increased about 6% since Obamacare. They are hedging their bets and soaking us before more regulations come online. If you want a real example of Communist style government look to the big banks and the relationship they have with the government. There are just a few banks that control most of the financial and currency market. The fifth plank of Communism is a central bank in control of a countries monetary policy and commercial banking, that's pretty much what you have, These banks and the people the government hires to police them control the banking industry. In a real democratic situation the banks would be broken into smaller pieces, and health care would be affordable and run by a non profit non government organization that answered to the people.

  • Report this Comment On April 02, 2013, at 8:36 PM, elfess wrote:

    In California it is nearly impossible to find a doctor who accepts medi-cal which is California medicaid and its becoming harder to find ones who accept medicare because reimbursement from both are so slow and small. And if you need a specialist you can almost forget finding one outside of maybe LA or one of the other really huge cities. If you live in a smaller city you can forget finding a specialist and will likely have to travel to a major city to find a doctor unless you can find a chop shop clinic where you will wait for hours to see a nurse practitioner or physicians assistant for 2 minutes. This country needs to actually pass health care reform that will make sure everyone gets care from doctors no matter what their income level is.

  • Report this Comment On April 02, 2013, at 8:48 PM, iceman43 wrote:

    the whole point of this was to make sure that every citizen has access to insurance and it should of been formed on some kind of plan like united kingdom and Canada has, but instead all Obama did was piss of a lot of political figures in D.C. the insurance companies and hospitals are still ripping off the patients and customers and nothing has come of this except that by jan. 1st 2014 even the poorest of us has to prove that we have some kind of coverage even tho by the way its going right now most of us will never be able to even feed ourselves if we are paying to fill the [pockets of crooked politicians and ceo's of insurance companies and hospitals.

  • Report this Comment On April 02, 2013, at 8:50 PM, greyhound44 wrote:

    The Idiots in the US health insurance industry , like all the fools in DC have never read the law:

    If fully insured when Obamamama NON CARE is fully implemented on 1 January 2014, I can dump my Medicare B; D, and F supplement

    Buy International (except US) Health Insurance for less, and can always reinstate my MC B;D and F without penalty nor preexisting conditions exclusions should I need care in the USA.

    ret expat MD: NBME; ABIM; ABNM; ABR w/spec comp NR and 46 years in medicine

  • Report this Comment On April 02, 2013, at 11:36 PM, GregPrice wrote:

    Three words solve it all:

    National Health Service

    Every other civilized nation has it. We should have it too.

  • Report this Comment On April 02, 2013, at 11:57 PM, AKretired wrote:

    When Obamacare was passed millions without thought now they would get government insurance. Just as Pelosi stated, we'll pass it and then find out what's in it.

    Now we know that the wool was pulled over the eyes of more than just the uninsured. It was pulled over the politicians, insurers and all businesses.

    This revsion of Health Care is like having a huge chess board with a dozen players each with their own set of chessmen.

    There will only be one winner in the end. WHO?

    We have to wait until the regulators finish writing all the loop holes. By that time the greatest generation and most of the baby boomers will have past away, or have gotten an early demise from a death panel decision.

  • Report this Comment On April 03, 2013, at 1:06 AM, carc44 wrote:

    Well that's great, CMS panders to the insurance company but continues to slice reimbursement to Medicare B plans, and has hired auditors who get paid/bonuses to deny services. I work in healthcare- I went to grad school for therapy, and my pay has been cut and my field has been devastated- plus the patients are not getting any real care anymore- Obamacare fails to realize that the big guys who own businesses are not going to take cuts, they pass it on to the workers and patients. I consider myself pretty liberal, but this was not well thought out and basically handed victories to insurance companies and making senior healthcare an entitlement. I wish Gabby Giffords got 15 min of therapy a day, 3x/wk like my patients do now thanks to Obamacare! Maybe people in Congress wouldnt be dummb enough to actually tout this program as a victory of the democratic party- it's a trainwreck!

  • Report this Comment On April 03, 2013, at 3:35 AM, bmrn wrote:

    obamacare did not reform healthcare at all. the costs are astronomical to the average worker with no real benefits. we will all be on a type of medicaid, that is all. we will get some care and denied much of it. but we will pay for all of it including illegal aliens. This is terrible legislation for all americans.....i pray for some kind of reversal everyday

  • Report this Comment On April 03, 2013, at 9:06 AM, byrontx wrote:

    The Republican plan was so much better...wait, there wasn't one. No sane person should defend the crap we have/had prior to Obamacare. A system that generated 63% of the bankruptcies in the country.

    I read comments where people supposedly express their concerns for people such as myself; as a person who currently buys his own insurance and as an employer that hopes to soon be able to offer health insurance to my employees (the company is growing and prospering). I am proud of our President for taking on the broken system we had and embracing a plan based on personal responsibility.

  • Report this Comment On April 03, 2013, at 9:53 AM, yourdimes wrote:

    Is the motley fool offering investment advice for healthcare stocks? If so he should check his facts and stop pandering for stock shills who are hoping to entice more investors into an insanely overpriced market fueled by the fed!

    Fact 1- Medicare Advantage premiums are lower in almost all cases and involve cost savings for those in Medicare as well as all of us who pay into the program(everyone else). Fact 2-Our current healthcare system has those who have insurance cover those who do not which is communism- those who can afford to pay cover those who do not! Fact 3- Healthcare as an industry knows it is doomed and once common sense prevails and right wing rhetoric is removed we will move to the system that works for every other nation on the planet other than US and Mexico. I sell health insurance and have seen the writing on the wall. I wish the facts were better understood prior to writing an article that appears to promote healthcare stocks while attempting to discredit the goals of Obamacare which are to make an industry accountable prior to dismantling an absurd concept of greed whose purpose is to make money on the delivery of healthcare. Are we really dumb enough to think the whole world has it wrong-study after study after study show the waste in our system that is both costly and corrupt.

  • Report this Comment On April 05, 2013, at 1:07 PM, thorw wrote:

    Not sure this has a lot to do with investing and instead speaks to changing an entirely flawed industry. According to US research by several US Universities the ROI in healthcare spending is terrible, about 3x what other nations pay and the shortest lifespans of any of the western and many apac nations.

    Certainly saving some of the 765 Billion in annual waste would help. http://iom.edu/Reports/2011/~/media/Files/widget/VSRT/health... Along with aligning incentives, as the current system has no incentives based on outcome of care.

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