Quote:
Originally Posted by Vizax_Xaziv
[You must be logged in to view images. Log in or Register.]
Even scarier is the possibility of insolvency of Health Insurance Companies. Will they have the capacity to deal with the possible influx of tens-of-thousands of hospitalizations in just a months time?
Either we're gonna see insurance companies declaring bankruptcy or, more likely, they'll do what the banks did in 2008 - wait til they're already insolvent before they notify the the government causing another "too big to fail" situation where they're poised to request a "bailout" of some kind. Question then becomes whether the Fed has any money to actually bail them out.
|
Almost like medicine and healthcare shouldn't be a for profit private industry in the first place or something.