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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s