Monday, March 29, 2010

Time Machine: Health Care in USA circa 2025

It's been a struggle not to pull the trigger and blog about the health-care reform law and its implications. I'm smart enough to know that I don't really know enough about the new rules to add anything to the dialog out there already, other than to remind folks that there is no free lunch. You want to cover a lot of uninsured folks, and force coverage availability (at no additional cost) for people with pre-existing conditions who wait to join a plan until they need the coverage, be prepared for premium increases that will make your head spin over the next 4-5 years. And that, of course, will lead to the ultimate end-goal of the reformers: socialized healthcare.

If I jump in my time machine and go forward about 15 years, I believe I'll find a "single-payer" healthcare system in the U.S. much like Canada has today, where health care is cheap but unavailable. Today in Canada if you want to avoid month- or year-long waitlists you pony up your own $$$ to private companies like Timely Medical Alternatives which publish a cost sheet as shown below:

Hmm. Investment opportunity? Perhaps clinics in Mexico? Stay tuned...

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