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I’m most likely wrong (I hope I am), but I’m worried about the long term economic effect this virus will have on the hospitals. Not right away, but over the n
by cwbrandsma 7y ago
I’m most likely wrong (I hope I am), but I’m worried about the long term economic effect this virus will have on the hospitals. Not right away, but over the next year. We have a large number of people needing hospital care for extended time (1 to 2 weeks), and a large number of unemployed. This will result in a lot of bankruptcies (even for people with health insurance). Will the health insurance industry be able to pay out all these clamps as well?
Anyway, I’m half expecting to see another massive bailout for hospitals, or the government just buy them outright in about a year.
- strict9 7y agoLike you I also hope to see bailouts, but the biggest bailouts happen because industries that receive them have an army of experienced lobbyists. Hospitals for better or worse have negligible presence with lobbyists and won't receive the windfalls that fossil fuel, airlines, airline manufacturers, and cruise lines will.
- scarface74 7y agoI am the last person who thinks the government will choose the people over the lobbyists. But something as obvious as your local hospital closing can’t go ignored by politicians. You notice that now Trump is talking about expanding Medicare, increasing unemployment benefits, and reopening ACA enrollment and you don’t hear a peep from conservatives talking about socialism. It’s true, the definition of socialism is when the government is helping “them” - not you.