Traditional U.S. Medical Insurance and the impending collapse of the U.S. Dollar
Based on my latest blog post - http://www.medicaltourismcity.com/profiles/blogs/we-need-to-pay-att...
What do you think will happen to the U.S. health care system?
My initial thought is that everything will become hyper-inflated based on lack of business to support jobs and income. Therefore hospitals will shut down and all independent doctor practices will shut down. Some government run hospitals will remain open and will serve people on a per medically necessary basis and then on first come first serve.
After the initial shock of the collapse the U.S. will be forced to rebuild some kind of order to the hyper-inflated economy. As time moves on it will become more and more appealing to move out of the U.S. and live in another country.
All "medical tourism" type facilities (those who serve the American consumers) will now have a much different standing. Some will shut down from lack of traffic, but others who have positioned themselves appropriately (to serve all markets, not just the u.s.) will withstand the impact and begin to thrive from those looking for health care outside of the U.S.
Also, doctors who have no where to practice will have to make a decision to leave the U.S. and practice medicine in a different country. Those facilities who can welcome these doctors will thrive.
Thoughts?
Replies to This Discussion
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Permalink Reply by Mubbashir on -
Dear Mr Lee Murray,
Greetings from Kuala Lumpur.
I am sure, you must have some basis of this horrifying picture, and collapse of world's biggest economy and largest healthcare system. Though there are valid reasons to think that it may break to that extent that people may leave US to live abroad, but to me there will be corrections in the market, natural and irrational corrections will take place. To me it may not be a total collapse and governments and people around the world may not leave it to fall that much.
Overall US healthcare is certainly in a very bad shape, US Government need to seek cooperation from outside and within to put it to right. Certainly they have to change the policy of earning 10 dollars and spending 12 dollars, means they have to be a saving economy rather spending economies on the dint of others, this will instill rational and clarity in the system and will build confidence in their currency, which certainly is the basis of your picture of demise of US Healthcare system.
Good Luck to American Healthcare system.
Best regards
Mubbashir
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Permalink Reply by Lee Murray on -
The only country I can see helping the U.S. is China because they are so heavily invested in the Dollar. What other countries, in your opinion, wouldn't let America collapse?
lee
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Permalink Reply by Mubbashir on
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Hi,
Difficult to answer. To me all this while US, has acted as a policeman or boss and some times, a rude and arrogant boss. If countries who will come to save USA will not be the those with money, but most who will be giving help on humanitarian grounds, my be I can include countries like, EU States, Japan, Canada are obvious ones.
Best Regards,
Mubbashir
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