Profiting from decline
Thank you for John Stucke’s excellent March 17 article about health care in Spokane. The take-home message seems to be that the shape of my health care is set by a man in Tennessee who has two main objectives: his $21 million salary and company profits to please his shareholders.
Every procedure I have here in Spokane is good for him and good for his worldwide shareholders. And to manage my relationship with him, I have my own for-profit insurance company with similar motivations.
How is this better than the Medicare model?
Well, for starters, it’s an ingenious investment opportunity: If I buy stock in these companies, I, too, can hope to profit from my own decline.