They like to shift gears a lot. One moment it is malpractice insurance. The next it is because of all the uninsured people and illegals leeching off the system. In reality, it is a combination of all sorts of issues, but mainly a regulatory issue. Healthcare is a necessity for a civilized society. They realize they have a monopoly and prices have gone up and up and up and into the stratosphere because...well it is a monopoly and they know they can charge whatever they want.
My comments and posts are simply my opinion. ALWAYS DO YOUR OWN DD.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.