Federal Reserve and Monetary Policy: Stealth Take Over of Healthcare??

Let’s face it there is no Stealth Take Over of Healthcare by the US Government. Companies are going to discontinue their healthcare benefits to lower cost and pay Themselves. By “Themselves” I mean senior management, a hefty bonus for being “Clever”. There is no way the US Government can mandate the absolute requirement that firms has to offer healthcare.

The correct way to get the 40, 50 or 60 million(????) Healthcare is to go through Medicaid and the Medicare. Medicare has to become the social safety net. From the perspective of “Creative-Destruction” of jobs and sectors, a social safety net is needed to prevent the collapse of government.

Let’s look at the mechanism from the perspective of a “Capitalist”. There is no “concrete” proof of income growth for the aggregate. China and India has provided hundreds of millions of new labors, with respect to the US of A labor force. India is somewhat of a “Free Market” economy. With that stated, India is a natural barrier, respect to the US of A’s labor force, due to its lower wage and salary structure. China is an unnatural barrier due to its use of a Command Economy. Let’s face it, the healthcare sector has to go through a deflationary period. There is no force on Earth that will prevent this, from the “Capitalist” perspective. By healthcare sector I mean the providers, insurers and venders.

Let’s look a government program that should have had some cost control: Prescription Drug Program. I’m a “Capitalist”. I am a big customer. I expect a discount from my venders. I should expect the US of A government to get a discount from drug manufactures. After all, this is the “Capitalist” way.

Let’s look the delivery system. The healthcare delivery system is a “Capitalist” business. Treat it as such. Healthcare has to become a commodity. To achieve this, the regulatory frame work has to be created to allow the “Free Market to do its thing”. Split the malpractice insurance into “High Risk” and ”Low Risk”. Allow the pooling of US of A’s citizens, via state boundaries, into the “Low Risk” insurance. Have the state find the “High Risk” insurers. One can believe that if the state can not find a policy at a reasonable price due to its tort laws then those laws will be changed.

Once the regulatory frame work is known and stable one can conclude financial services will be created and sold to HMOs. Products such as, but not limited to hedging, interest rates, lost of income due to subscribers lost, etc.

Let me tell you a story. I developed blood poison in bootcamp. I saw a first class who basically nodded his head and said that it was blood poison. A Warrant Officer stepped in and confirmed the diagnosis. I did not see a doctor.

A change of perspective is also needed for the healthcare system. Airline pilots no longer pilot the jet. Pilots are now “Cockpit Managers”. Through the use of cameras and expert applications, doctors have to become “Managers”. The training of “Healthcare Specialist” is within the realm of a “Capitalist”. One does not need to be a doctor to reattach a finger. One just needs the training and equipment to do so. Specialization is natural to a “Free Market” economy.

You get the idea.

Viva La Revolucion!!!!