Podcast: Play in new window | Download | Embed
Subscribe: Apple Podcasts | Spotify | RSS
Episode 69: Highlights of people’s impressions of Obamacare and possible investment opportunities are covered. Also discuss the upcoming Supreme Court review.
In my opinion, Obamacare made a bad system worse. I believe what is needed is to remove the third party payer (insurance or government) and establish a market based system- similar to elective medical procedures that are largely paid for by the consumer out-of-pocket: plastic surgery, Lasik, etc.
The system is so broken that even if the government doesn’t reform it, some market forces will prevail. I envision a time when people will carry only catastrophic insurance and will travel for elective treatments and surgery- “medical tourism” to India, Mexico or yet established redoubts like Indian Reservations or Cruise Ships.
Check out Surgery Center of Oklahoma for what a market based hospital would look like: http://www.surgerycenterok.com/pricing/
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.