It is NOT about Fear...IT is about PREPARE!!!!!
July 13, 2009
– Comments (10)
Another Alstrynomic prediction starting to come true!!!!!! You were warned about health care being the next shoe to DROP as America SHUTS DOWN the old and prepares for the new!!!!!!
From the WSJ:
TROY, Mich. -- The sputtering Michigan economy is dragging down the state's once-strong health-care system, offering a preview of how a lingering recession could corrode Americans' hospitals, savings and health.
The erosion of Michigan's gold-plated health benefits, long the envy of workers across the U.S., is accelerating the state's downward economic spiral.
Years of auto-industry layoffs and benefit cuts to white-collar retirees have left hundreds of thousands of Michigan workers like Mr. Markel without employer-provided health coverage. To adapt, individuals are drawing down savings to fund their own insurance, going without treatments or tests, or leaning on an increasingly strained state. The share of Michigan residents under 65 using public insurance such as Medicaid rose to 22% last year, from 11% a decade earlier.
These cutbacks, in turn, are devastating the health-care sector. Now the state's largest employer, health-care providers have swung from profit to loss. Hopes are fading that Michigan's hospitals and clinics can offset the car industry's decline: Even as waves of former auto workers are retraining as nurses, dental hygienists and X-ray technicians, the state's hospitals are freezing expansion plans and laying off workers. Unpaid bills at the state's hospitals hit $2 billion in 2007, twice the level in 2001, and continue to grow, according to the Michigan Health & Hospital Association.
Employer-funded insurance is a pillar of the U.S. health-care system, and Michigan's experience shows what happens when it begins to erode. The state provides an extreme example of what President Barack Obama's administration is trying to address as it seeks to reinvent national health care.
IF WE AMERICANS DON'T DEAL WITH OUR PROBLEMS.....ALSTRY PROMISES THE PROBLEMS WILL DEAL WITH US!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
In the end, it's all about change.....a change many can't even contemplate........but don't just sit there and whine.......soon it will be 9.09.
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