By Megan Henney Published July 25, 2019 Health Care FOXBusiness Facebook Twitter Comments Print video Planning for the high cost of health care in retirement Ramsey Solutions financial expert Chris Hogan on the steps to dealing with the high cost of health care and financial planning for retirement. The divide over whether to support Medicare for All has dominated Democratic presidential candidates’ health care platforms over the past few months, but according to a Washington-based think tank, there could be an alternative path to universal coverage. Continue Reading Below On Tuesday, the Center for American Progress, a left-leaning public policy research organization, released a projection on how its plan – dubbed “Medicare Extra” – would work. Under the plan, Americans would have the choice of staying on their employers’ private insurance, or selecting a government-run insurance plan (called Medicare … [Read more...] about The $2.8 trillion path to universal health care
Private health care sector
Presidential candidate Bernie Sanders is pushing the idea of a universal health care system in the United States. He is among the front runners in polling, so it is actually having an effect on housing stocks. The U.S. already spends more of its GDP -- 17 percent in 2017 -- on health care than any other nation.Question: Would a universal health care system benefit the U.S. economy in the long run?Phil Blair, ManpowerYES: Universal health care will level the playing field for a basic human need. There will be very hard questions about what services are basic and what higher level of service can be bought on the open market. Also, if government cannot provide consistent, quality health care at an affordable price, we will need to empower the non-government, private sector health care system to cover all Americans. Kelly Cunningham, San Diego Institute for Economic ResearchNO: Government and government-subsidized insurance companies currently account for most spending on health care. … [Read more...] about Econometer: Would universal health care help the U.S. economy?
I’m very wary of the “Medicare for all” plans put forward by Sen. Bernie Sanders and other Democrats. But after reading comments last week by UnitedHealth CEO David Wichmann about it, I may change my mind. Wichmann asserts that such a program would “jeopardize the relationship people have with their doctors, destabilize the nation’s health system and limit the ability of clinicians to practice medicine at their best.” Moreover, he says it “would surely have a severe impact on the economy and jobs.” Call me a skeptic, but it seems that is exactly what UnitedHealth and similar large insurer-administrators do right now, impose a drag on our economy and complicate — if not jeopardize — doctor-patient relationships. If you look comparatively between our health system and those of other industrialized democracies, the big difference is the amount we spend on administration. Much of this goes to big insurers like UnitedHealth, … [Read more...] about Real World Economics: Boiling down the health care debate
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | ‘Medicare for All’ Is Hammering Health Care Stocks. For Now. Advertisement Supported by Strategies ByJeff Sommer April 19, 2019 UnitedHealth Group has been a stock market darling for much of the past decade, dependably churning out earnings increases and rewarding shareholders with staggering returns. Its latest quarterly report, issued on Tuesday, was superb, as expected. Earnings per share jumped 24 percent. Based on the news about the diversified health service company’s fundamental businesses, you might have expected its stock price to rise. Nope. UnitedHealth’s share price dropped 4 percent that day and almost 2 percent the next. And, along with much of the health care sector, it has been on a downward trend for the past few months. What’s wrong with the stock? … [Read more...] about ‘Medicare for All’ Is Hammering Health Care Stocks. For Now.
Amid dissatisfaction with the underperforming and underfunded public health care sector, Vietnam’s private health care sector is set to see significant growth in the years ahead, according to a market research source. Booming private hospital market The research service provider Fitch Solutions Macro Research stated in a recently-released commentary that Vietnam’s private health care sector is undergoing a period of rapid expansion. The long-term rise of household incomes will also provide a boon for private hospitals which generate a substantial amount of their revenues from out-of-pocket payments. The paper indicated that the number of private hospitals has more than quadrupled to 170 over the past decade whilst an additional 200 investment projects in hospitals have been approved. The Vietnamese government also wants to develop the private health care sector, with a view of having privately-owned hospitals account for 20% of the total number of nationwide hospitals by … [Read more...] about Bright future ahead for private health care sector