Archive for February, 2014

If you have Cancer then read this

Wednesday, February 26th, 2014

An unyielding immovable bureaucracy always kills efficiently

$$$ Obamacare everybody wins except YOU $$$

Monday, February 17th, 2014

Everybody Wins in Health Care Reform. Except You.
By Rob Fannon (somewhat long article but worth the time)

“Everybody wins.” That’s my theme for investing in health care in 2010.

As a biotech and health care investment advisor, I’ve spent over 100 hours in the past month digging through “Obamacare”… finding the best and safest ways my readers can put their investment dollars to work in the sector.

“Everybody wins” is the final result of my research. I believe “everybody” – meaning just about every health care business you can think of – will win in the coming years because when you ignore the tiny details, political scare tactics, and other garbage spewing from the health care debate, you only need to know one figure to understand Obamacare: 47 million new customers.

When the dust clears, as many as 47 million new patients will pour into the already massive U.S. health care industry.

Drugmakers, doctors, hospitals, insurance companies, pharmacies, device manufacturers – every health care business – will profit as our bloated system swells further.

No taxes, regulations, forced concessions, or margin pressure will dampen the windfall from 47 million new consumers. And the majority of these new customers won’t give a damn how much their care costs. Their neighbors will be paying for it.

So everybody will emerge a victor… with just one exception. Who’s the loser? You, the consumer. Don’t be fooled into thinking Washington and the health care industry are at odds over medical reform.

Conventional thinking says the private sector vehemently resists any government interference in free markets. As such, drugmakers, insurance companies, and other health care players should be fighting to keep legislators out of their business, right?

From the surface, that appears to be the case.

This year, health care lobbyists are spending as much as $2 million a day pushing, prodding, and pampering legislators. Each lobbyist is striving to minimize the damage new reform will cause his client, while maximizing the benefit of tens of millions of uninsured joining the system. (Estimates on the exact number vary, but range between 30 million and 47 million.)

Through the third quarter of the year, the health care lobby had already outspent its entire 2008 outlay ($486 million). By the end of the year, the estimated $550 million tally will easily be the costliest advocacy campaign in U.S. history.

But this superficial arm-twisting between special interest groups and lawmakers is no battle. It’s a mating ritual.

Records show more than 350 former legislative staff and Congress members have crossed the divide as private-sector advocates. At least half of these insiders have direct work experience (including two former chiefs of staff) with Senators Max Baucus (D-Montana) and Chuck Grassley (R-Iowa), respectively the chairman and ranking member of the Senate Finance Committee, the most important group in shaping the health care reform bill.

And it’s not only a one-way ticket from Congress to the private sector. Washington’s revolving door routinely sucks players from industry into government roles, as well.

Luke Mitchell of Harper’s magazine recently identified the driving force behind the Senate Finance Committee’s reform agenda. It isn’t Senator Baucus. Rather, it’s Liz Fowler, Baucus’ top aide and director of the committee’s health care staff.

Fowler booked four years of political experience working for Baucus from 2001 to 2005. She left Washington for a high-paying job in the health care industry, as vice president of public policy and external affairs at WellPoint – one of the largest U.S. insurance companies. Then, “sensing that a Democratic-controlled Congress would make progress on overhauling the health care system,” Fowler returned to Baucus’ side in 2008 (as the Beltway gossip paper Politico wrote at the time).

Or consider Nancy-Ann DeParle, the so-called health care “czar” spearheading reform efforts for the White House. DeParle has a similar career path to Fowler’s. Her former government jobs include director of what’s now known as the Centers for Medicare and Medicaid Services, as well as a stint at the Office of Management and Budget under President Clinton.

But between Democratic presidents, DeParle jumped into the private sector. She served on the boards of several major health care firms, netting more than $6 million as director with medical device makers DaVita, Guidant, and Boston Scientific, health care IT company Cerner, Triad Hospital Systems, and others.

Never mind that during her directorship, five of DeParle’s companies paid more than $550 million in penalties for fraud, product liability, and antitrust matters – many of which involved tax dollars directly from Medicare and Medicaid.

As you can see, this is a dirty game. The players are making the rules. And everybody – but you – wins. It will likely become the biggest government boondoggle ever conceived.

Good investing,
Rob Fannon

Defend Your Life

Friday, February 7th, 2014

Dennis Miller January 2, 2014
Dr. Vliet physician and the past director of the Association of American Physicians and Surgeons.

Betsy McCaughey, Ph.D., former Lt. Governor of New York, has written a book titled Beating Obamacare: Your Handbook for the New Healthcare Law. According to her research, seniors will be hit the hardest. McCaughey recommends that seniors get hip and knee replacements and cataract surgeries done before January 1, 2014, as these procedures will become particularly hard to get.

Dr. Vliet: The goal of Obamacare has been to reduce medical expenditures to seniors and shift those funds to provide medical care for younger people. Ezekiel Emanuel has described this fundamental transformation of American medicine in detail in his book “Complete Lives System.” The two major goals for medicine in the United States:
1. Medical care is to be “attenuated” (i.e., rationed) for those older than 45 and younger than age 15, so that medical resources can be concentrated on those whom bureaucrats deem most “valuable” to society.
2. Doctors should be taught to do away with the Oath of Hippocrates and its focus on the individual patient. Doctors should instead be taught to make medical decisions aimed at what is good for the “collective,” or society as a whole.
Emanuel’s views underpin the philosophy behind the Obamacare law. They are the primary reason that over $700 billion was cut from Medicare and shifted into medical services for younger people. The older (and “less valuable” to society) one is, the harder it will be to have medical care approved.

Medicare as we have known it ended with the 2010 passage of the new healthcare law.
Keep in mind: You simply cannot have today’s level of medical services when over $716 billion have been cut from the Medicare budget. These cuts reduce hospital, nursing care, home health, hospice, and other services for seniors that have been covered by Medicare in the past. The priorities in the 2010 healthcare law were very clear: seniors have already lived their lives, so healthcare dollars are being shifted to medical care for younger people.

Watch When Employees Learn What Obamacare Will Do To Their Healthcare

Thursday, February 6th, 2014

McKeesport Pennsylvania 2014
“I don’t know how President Obama thinks he’s helping us,” Judy says. “Because we can’t afford this. We can’t afford to pay these co-pays, to pay these deductibles on what we’re making.” Judy, the 53-year old mother of one child, makes a powerful statement in a Jan. 29 WTAE news story on how ObamaCare impacts small businesses and their employees.
Judy is among those that work at Simonetta’s Collision and Car Care in McKeesport, PA. The WTAE news crew captures the moment the employees all discover how their health insurance has changed due to the implementation of ObamaCare regulations. The employees aren’t the only ones unhappy with the changes. Owner Gary Simonetta will see his insurance premium increase 63%. “Small businesses are the heart of America,” Simonetta says, “How’s that going to effect everybody? It’s not good.” It’s an amazing video.

See the employee video WTAE 4 : &utm_content=Facebook&utm_campaign=Obamacare_Employees#sthash.0aayOE0P.dpuf