Health care in America
The fuss over Obamacare’s teething troubles is obscuring a bigger story for investors: American health care is gradually being both nationalised and privatised
NEW YORK
FOR the past three months American politicians have been rowing over the disastrous launch of Obamacare’s website, on which people can shop for health insurance. The new online “exchanges”, created under America’s health reforms to provide cheap private care for millions of uninsured people, are so far the most visible element of Obamacare. Once the software glitches are fixed, sellers of private health plans should gain new customers. But in the years ahead they have a far bigger opportunity: as more Americans come to depend on the government to pay for their treatments, more of them will have their publicly funded health care managed in some way by private insurers.
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Julien
Julien de Salaberry
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