Big three take on Obama
Apharmacy deliveryman, an insurer and a banker go into a meeting, and they come out feeling that today’s health-care system is a disaster.
This isn’t your average deliveryman, insurer or banker. These are three modern-day champions of business with the touch of genius. They are Jeff Bezos, Warren Buffett and Jamie Dimon.
After years of being suppressed by the Obama administration’s mantra of government is the answer and business is evil, these three have stepped up to turn the health insurance world upside down.
Only under a pro-business administration could a plan to keep health care costs under control for no profit come about.
If you read between the lines, these three smart guys just screamed at the top of their lungs what everybody else in America already knows: “ObamaCare stinks.”
And that’s despite two of them being big Obama supporters.
Together, Bezos, Buffett and Dimon employ more than 1 million Americans. With that kind of clout, they wield a lot of leverage.
Under ObamaCare, premiums, co-pays and deductibles have skyrocketed. Trump’s rollback in the tax bill of the ObamaCare requirement that all Americans carry a policy or face a penalty will re-ignite some competition.
Since the passage of ObamaCare in 2010, major insurance companies like Aetna and UnitedHealthcare saw their shares soar 400 percent to 700 percent.
For years I have written about the costs and failures of ObamaCare, but Bezos, Buffett and Dimon have the ability to take on the profit centers and deliver great care for less.
These three business titans will have their work cut out for them, but the mere fact that they can bond with a common cause and have the power to challenge the ObamaCare system says a lot about how much progress America is now making by embracing business interests instead of demonizing them.