The next financial meltdown

Will very likely be in the health insurance industry. And soon. They simply have not built up the reserves needed to pay the horrendous looming costs of every ICU in the nation being maxed out for months. As sure as the sun rises in the east they will be coming to Washington to socialize these costs while keeping their profits. We should “just say no.” It is time for the government to acquire – at today’s prices – all the stock, shares and participations of every health insurer and reorganize them into Medicare-for-all. IMHO, as Len would say.

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