as declared in Price’s emphasis on “access” strikes at a key difference between the Affordable Care Act’s approach to health insurance and that of the Republican Obamacare replacement proposals.
That’s a big change from before Obamacare, when people could be categorically denied health insurance for a number of reasons.
Obamacare is somewhat top-down: You don’t just have access, you are guaranteed health insurance, and you face a penalty if you don’t take the government up on it.
Republicans, meanwhile, have started advocating for a middle path, something they call “universal access.” Under their plans, not everyone would have health insurance, and indeed, Americans wouldn’t be mandated to carry it.
Representative Tom Price, President Trump’s pick to lead the Department of Health and Human Services, has a word he uses often when he talks about his vision for health care in the United States: “access.” “Access” kept coming up as the Georgia Republican answered questions from the Senate Finance Committee at his confirmation hearing Tuesday.
David Abrams, Formerly Of Seth Klarman’s Baupost, Buys Health Care REIT
Quality Care Properties was formed as a spin off from HCP Inc. (NYSE:HCP), a health care real estate investment trust, on Oct. 31.
His new Quality Care Properties Inc. (NYSE:QCP) position makes up approximately 5.3% of the concentrated long stock portfolio.
Approximately 94% of QCP’s revenue derives from rents on its HCR Manor Care properties.
Abrams purchased 5 million shares of the company on Jan. 13, valuing the transaction around $81 million based on the day’s closing price of $16.02.
Fed Hikes Rates For Second Time In A Decade, Indicates More To Come In 2017Former Baupost investor David Abrams (Trades, Portfolio) added a new stock to his concentrated portfolio at Abrams Capital, GuruFocus Real Time Picks showed Monday.
Health Care Debate Ignores Dramatic Growth In Medical Welfare
Clearly, health insurance and health care are two very different things.
Pundits and politicos are analyzing the potential ramifications of repealing the controversial health care law, popularly known as ObamaCare.
Others argue that safety net programs like food stamps and medical welfare should be reserved for the truly destitute among us.
That may sound counterintuitive, but let’s pause for a moment and consider why so many Californians need medical welfare in the first place.
Some argue it’s good that millions more people have taxpayer-funded health coverage, because it’s better than having no coverage at all.
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