OBAMA CARE: BAD FOR YOUR HEALTH; GOOD FOR HEDGE FUNDS
Under the Affordable Care Act, the costs of Health Care and Prescription Medicine have sky-rocketed. The effective cost of Insurance has also risen dramatically as coverage is reduced and the co-pay has dramatically risen. Small Businesses cannot afford to provide Health Insurance to employees, and for that reason must sometimes keep employees under 40 hours or hire contract labor.Insurance Companies are not in the business of providing Health Care; they are in the business of making money. The Insurance Company's main objective is to sell Policies and not to pay for coverage or pay as little coverage as possible. As a result, Insurance Companies have invested in Health Care Providers so that any claims paid goes right back in their pocket.
And the big winners are Hedge Funds which invest in both Health Care Providers and Health Care Insurance Companies.
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