While President Trump promised “insurance for everybody,” the C.B.O. projects that if the Republican plan took effect today,[inlinetweet prefix=”” tweeter=”” suffix=””] 14 million more people would be uninsured next year, and by 2026, the number of uninsured would be about double what it is today.[/inlinetweet] It’s a shame that in a country as great as ours we can’t find a way to ensure equal healthcare for everyone.
Only nine percent of U.S. consumers believe pharma and biotech companies put patients over profits, while only 16 percent believe health insurance companies do, according to a Harris Poll while the new affordable care act is nothing short of a train wreck. Can consumers ever expect healthcare organizations to do the right thing?
KEY TAKEAWAY: Bruce Grant, an industry veteran recently said on LinkedIn “shareholder value” and value to society (or even customers) are not the same thing. And when they are in direct opposition, as in “activist investor”-driven pharma M&A — which to date has generated billions in fees for investment bankers and capital gains for the aforementioned “activist investors”while consistently destroying the long-term value of the companies involved — it should be called out for the kind of antisocial parasitism that it is”.