"Medicare for All" is not a pipe dream and to state same is to discard the hope most Americans have to achieve health care access at no or little cost. Most Americans cannot afford the health care they need. Doesn't anyone care about that?
Let me try that one more time.
Most Americans cannot afford the health care they need. Understand that in the lives of American citizens and realize the beauty and viability of "Medicare for All."
August 3, 2018
With more than a week to go (click here) in the second-quarter earnings season, the health care industry has already banked more profits than any other quarter in the past year.
The bottom line: Company after company has posted profits that have exceeded Wall Street estimates, and most firms have raised profit estimates for the rest of 2018.
By the numbers: As of Aug. 2, 85 publicly traded health care companies have amassed $47 billion of global profit on $545 billion of global revenue in the second quarter, according to company documents.
- That profit is higher than the $45.6 billion that 118 health care companies posted in the first quarter of this year, and it's higher than anything recorded in the past year.
- Pharmaceutical companies continue to rake in the highest profit margins.
- The numbers do not include not-for-profit hospital systems, which have not filed second-quarter reports yet.
- Fatter profits are due in part to growing sales of prescription drugs, medical devices, tests and procedures — that reflects both higher prices and more quantities sold.
- But the larger earnings also stemmed from Republicans' massive cut in corporate taxes. The income tax expense for drug giant AbbVie, for example, was 93% lower in the second quarter this year.
Let me try that one more time.
Most Americans cannot afford the health care they need. Understand that in the lives of American citizens and realize the beauty and viability of "Medicare for All."
Medicare for all is not a pipe dream, it is a real solution to privatized health care that most Americans cannot afford.
SOLVE THE PROBLEM!
