Monday, November 7, 2011

Doctors

When Medicare was in the works and looked like it was going to become law groups of doctors got together and started buying hospitals. They knew that when the government started paying for health care the money would flow freely. They were right of course and the cost of Medicare turned out to be ten times more than projected.
With Obama care on the horizon suddenly big health insurance companies are buying up hospitals and physician groups especially those with GP’s. I am not sure what is going in but you can bet that they believe that Obama care is going to cost a lot more that what is projected and the more is going to the insurance companies. We shall see.

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