What is gonna happen when these folks see their Insurance Premiums DOUBLE in January? A LOT of them will not be able to afford the new price. No Insurance, No Dialysis. Not sure how long a person with KK Disease can last without a blood scrubbing, but I don't think it's much more than a month or two. There are MILLIONS of these people.
Now, besides the Dead People problem, how many of these little money machine clinics will have to shut down if their clients can't pay? Every clinic has a supervising Doc making 7 figures, Nurses & Technicians making 6 figures and Records Clerks & Office Personnel making high 5 figures.
Add to that all the Stand Alone diagnostic clinics that do Radiology and Ultrasound scans. A CT scan these days ranges between ~$300 to $7000, some as high as $20K. Ultrasound not as pricy, but every pregnant woman gets at least a couple, and they do them for bladder problems and circulation issues also. Xrays for broken bones and Cancer treatment. Etc, etc, etc. All these places TOTALLY depend on the Insurance payments for their economic model to work.
We all know these places charge outrageous fees to make the ridiculous profits they pull in, but how much can they or will they lower their prices to what people can actually afford and how fast can they do that?
The Med Industry is a major contributor to the GDP. How will a recession in this sector affect the general economy? Do you think this little problem has been looked at more than 2 steps ahead in the consequences by the Braniac Politicians in CONgress or the WH? Rhetorical Question.
We Are Looking at a Massive Crisis
Health-care costs are about to spike in a way that Americans can't afford.
RE