Paul Wellman: Medical care for profit won’t work | SteamboatToday.com

Paul Wellman: Medical care for profit won’t work

I urge everyone to Google “analyst Ms. Salveen Richter’s 4/10/18 report, done for Goldman Sachs, titled The Genome Revolution.”

In her report, Richter asks, “Is curing patients a sustainable business model?” Her answer is “no.” If they are cured, they won’t buy the pharmaceutical companies products or use medical facilities. The goal is to treat illness with expensive medications and procedures but not to cure. Prolonging death however is a money maker.

I read Colorado State Rep. Dylan Roberts “Rising health care costs” piece in the April 21 Steamboat Pilot & Today. I totally agree with Roberts that the health care situation is an “urgent problem.”

However, I read his piece twice and have no idea what he is actually proposing as a “public option.” “Competition amongst providers” sounds like a lot of providers will bail out of the program.

It amazes me how people like Roberts can’t see the fact that medical care for profit won’t work.

From his piece, it is apparent he is smart and dedicated to improving the lives of Colorado residents. Perhaps Roberts should research what has been done around the world to address the pros and cons of universal care in 10 countries.

The No. 1 reason Americans file for bankruptcy is medical debt. About 60 percent of the U.S. public supports this option, and the numbers are growing. The medical industrial complex propaganda is trying to stir up fear and doubt.

A quote attributed to Albert Einstein is “The definition of insanity is doing the same thing over and over again, but expecting different results.”

Paul Wellman

Clark


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