Healthcare Bubble
HEALTHCARE
The healthcare bubble is hopefully deflating in status, and clout. Evidence suggests that the once formidable giant works in conjunction with both the pharmaceutical giants and insurance industry. It both creates fortunes for those entities, while undermining our health.
With either a public or private option we will be working with an industry that does not acknowledge the truth. It is never what about the people, which should be the obvious and critical point. Today we see the phony nature of big business posing as an altruistic industry. Many have become disillusioned with the reckless speculative nature of pharmaceuticals. By allowing this to go on there is a mountain of money that is anticipated every time they roll out a drug.
DRUGS
Drugs are a potent force in the healthcare industry, and a formidable vehicle for investors. Institutional investments look for blockbuster drugs in the pipeline when considering a pharmaceutical company. We have to keep in mind that the manipulation of research can spur a buying spree by investors. The underlying story is that this kind of behavior by the drug cartel in not the exception.
BIG PHARMA
Big pharma is a complex problem, we look to pharmaceutical companies to be motivated by the potential good, not pass off a worthless or harmful drugs as a panacea. We have an unprecedented concentration of power that we never witnessed before, and it threatens to control our way of life. We have both the health and price issue, which suddenly can affect our physical and financial health. When seniors have to choose between medication or eating, the government forgets that they exist for our benefit.
GOVERNMENT
The pharmaceuticals are a commodity in the market, and this is why manipulation occurs. What the government agencies do when they witness abuse; launch another investigation. This is a thinly veiled attempt to look like they will not only check on something, but will do something. They themselves in short are in a complex relationship with this industry. We live with these realities, while the looming healthcare crisis is yet to happen.
The consequences of this will be a marked decline in our dollar, and our healthcare. Compassion is not the operative word here, it is a core belief that the nation depends on medical intervention. Here lies the problem good health is not the issue. Our healthcare is not about health, but it is accelerating disease. The catastrophe that is unfolding is now becoming obvious. Americans are in denial that their health is in their hands.
COST
The staggering cost of healthcare has not produced a healthier nation. We are in the mist of a health crisis, that is brought on in part by the very system that claims it helps us. The healthcare bubble has burst, and in a large measure it repudiates the claim that they are leading the nation to better health.
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