What is Obama's
ultimate goal of Obamacare?
companies are a business. They answer to their stockholders in the
way they run the business. They are responsible to optimize the
return on investment. They are tasked with getting the highest return
As the Obamacare
is implemented and the preexisting condition patients become part of
the system the insurance companies will have to raise the prices of
coverage to cover the additional costs. Medicare and medicaid already
have a cost to service issue. The reimbursements do no cover the cost
of providing service now. Many doctors, clinics and hospital are
already turning patients away. The additional patients that will be
added will drive up the price of insurance coverage. The insurance
coverage will be available to buy but it will be unaffordable. Obama
will then implement price ceilings . This will drive insurance
companies out of business. The investors in the insurance companies
will look at the returns they can get from the insurance industry and
will decide that they should invest elsewhere The government will
then step in and take over the healthcare industry.
Steve Lohr is a reporter for The New York Times on technology, business and economics. In 2013, he was a member of the team that was awarded the Pulitzer Prize for explanatory reporting
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