Obama Economics and the Health Bill

The first thing you learn is what is called Supply and Demand which even an elementary student should be able to comprehend! However I wonder if anyone in the current Obama Administration has ever heard of it! They use what I call Voodoo Economics. Of course my new friend Ms. B at the Waffle House, who is a very sharp and intelligent African American lady, disagrees with me. She says that they don't use any Economics in Washington!

So let's look at the current health proposals before the House and Senate. First I will tell you that the current system is a disaster; however the solution offered by the Obama Administration does not make economic sense!

Here is a story told to me by friend, Al, who is one of top EMTs in the Atlanta area. During his training there was this OBESE lady of over 800 pounds that would invariably call 911 every week. Needless to say when you are that big and slip down you ain't getting up by yourself!

So they would have to first take out the regular gurney and put in the reinforced one so they could transport her to Grady Hospital in Atlanta. They would have to add extra personnel too. Off they would go to her place to see what they could do. After loading her up in the ambulance she would be transported to Grady.

What do you think is the cost of transporting anyone to Grady? Al told me that the average cost is $750! Then you add on the emergency room visit and any meds they had to give her and I assure you that you way over $2000!

So what happens when the current health proposal becomes law in her case? As I remember she has diabetes and heart disease – no big surprise there! So they will NOT be able to turn her away based on PRE-EXISTING conditions which I happen to agree with.

HOWEVER what happens when you take someone like her and extrapolate that across the USA? People who have not previously taken advantage of the trips like she has done will definitely do so from now on!

You don't have to be a rocket scientist to see where this is going! Remember Supply and Demand? Now we have a crushing overload on the hospital system with people like this lady who really does not have an emergency. So when a life and death car accident victim comes into Grady in the future as it is one of the finest trauma centers in the country how long will that victim have to wait? HOURS! Too much DEMAND and not enough physicians and nurses to handle the caseload!

And according to what I have been hearing from physicians they are going to seriously look at other avenues to earn revenue. I know physicians that have quit practicing medicine that are making boat loads of money marketing medically related products like the bio-magnetic Nikken products. They don't have to worry about paying EXORBITANT malpractice expenses or overhead. Of course it does lead to unemployment of the staff.

So if this bill passes what is going to happen to the wealthy and even middle class patients seeking medical procedures? I know the answer to that because I'm helping with the marketing of the solution. It is called Medical Tourism. My good friend, Dr. Uday Kumar MD, of India and I are preparing to have a flood of people going to India for their operations. I have learned a lot about India's Medical Tourism. First their physicians are very highly trained in the United States in many cases. Second, they have EXCELLENT bedside manners and really CARE about their patients! Imagine that! Third even with round trip airfare to India along with the best medical procedures in the world you could pay up to 80% LESS for the experience! There are numerous cases where open heart surgery and airfare was not over $7500! Finally while visiting India you can also tour the sites!

President Obama, do you think that it is HIGHLY possible that the current young Indian physicians that you see at places like Grady will now decide to return to their country just like my friend Dr. Kumar has done? He was going to do his residency AGAIN for 18 months since we don't recognize his previous medical experiences in India. Now he is returning to India.

So how many American born students will decide to practice here under socialized medicine? I would put my bets on not many since going to medical school is quite expensive. I would think they just might go off to India to study with these highly qualified physicians who have trained in the United States at Princeton, Harvard, Duke, etc.

So President Obama if the Americans go there and stay there who is going to take care of the new Demand if there is a LIMITED Supply of physicians? Again it goes back to Supply and Demand!