Thursday, November 17, 2016

Here’s My Experience with Healthcare in Mexico

DYI:  Fascinating article.  How health care in Mexico is highly competitive - price and quality - with quality as good and many times better than here in the U,S.  If you have read this blog any length of time this is not surprising.  The U.S. Medical Industrial Complex is an anathema to competition and quality.  The Medical Establishment has taken the stance from John D. Rockefeller - COMPETITION IS A SIN!     

Internet freedom has declined for the sixth consecutive year, with more governments than ever before targeting social media and communication apps as a means of halting the rapid dissemination of information, particularly during anti-government protests. According to the latest Freedom on the Net reportstwo-thirds of all internet users live in countries where criticism of the government, military, or ruling family are subject to censorship.
Below, annual GDP minus the annual growth in federal debt to achieve that "GDP growth".  The last eight years were abysmal and 2016 the third worst year in history (this even assumes Q4 GDP comes in at a relatively strong 2.5%).  This trend ain't yer friend.
In fact Donald, we have a big problem.  According to the Treasury's TIC data, on a net basis nobody is buying our debt anymore...but us.  Not the Fed (at least officially), not foreigners, and the Intragovernmental buying is fast declining  (due to declining excess social security funds, etc.).  That leaves just US based institutional buyers (banks, pension funds, insurers, corporations) and the odd patriotic private citizen to buy up all that new and rollover debt.  This means a trillion+ dollars a year will go into buying low yielding Treasury debt rather than into equities or research or capital expenditures or or or.
DYI:  Where will the savings come from???  President Trump MUST take on the Medical Industrial complex that is 20% of GDP.  On his campaign web site two sweeping proposals, if implemented, would drive down the underlining cost by 75%!
Require price transparency from all healthcare providers, especially doctors and healthcare organizations like clinics and hospitals. Individuals should be able to shop to find the best prices for procedures, exams or any other medical-related procedure. 
Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper products. Congress will need the courage to step away from the special interests and do what is right for America. Though the pharmaceutical industry is in the private sector, drug companies provide a public service. Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.
DYI:  Below is his transition team web site - What is missing are those TWO SWEEPING CHANGES.  Without those changes debt levels will explode along with increasing interest rates. 

The Administration recognizes that the problems with the U.S. health care system did not begin with – and will not end with the repeal of – the ACA.  With the assistance of Congress and working with the States, as appropriate, the Administration will act to:
  • Protect individual conscience in healthcare
  • Protect innocent human life from conception to natural death, including the most defenseless and those Americans with disabilities
  • Advance research and development in healthcare
  • Reform the Food and Drug Administration, to put greater focus on the need of patients for new and innovative medical products
  • Modernize Medicare, so that it will be ready for the challenges with the coming retirement of the Baby Boom generation – and beyond
  • Maximize flexibility for States in administering Medicaid, to enable States to experiment with innovative methods to deliver healthcare to our low-income citizens
DYI:  If those changes are put back in and implemented there will be plenty of money for the military, infrastructure repair, Social Security and paying down of the national debt by 2% to 3% per year! This would put inflation going backwards or as it is called deflation; based upon increasing supply with a declining money supply improving the common man's purchasing power!

Its up to you President Trump.  If implemented you will go down as George Washington! 
DYI

 

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