The sick will be with you always . . . but who said that they could pay?
The current trajectory of future healthcare costs are becoming unsustainable. Less people have health insurance. More people are underinsured. The majority of the sick are having to be subsidized.
This is a wake up call. If you are seeking a career in healthcare to make money, then you might as well look at another career. The hospitals are making their employees work harder for the same pay because they are receiving less reimbursement funds per patients. In addition, you may put in 300% effort in one week and 99% effort the next week, only to realize that no one remembers your 300% week. There will always be one more patient that needs attention. You must maintain your own work/life balance. Your manager is looking at the bottom line number only.
Prescription drug costs have no choice but to decrease if people can not afford them. All medical costs have to be reduced. Unemployment rates have to go down.
Whatever goes up; must come down . . . Pharmaceutical sales included. Mark my words.
The public clinics will see an increase in patients. The clinics are typically subsidized by the government through grant monies.
The USA is becoming more socialized than capitalized. The Internet is forcing many businesses to charge the same price for the same items; otherwise, people will just search for the cheapest price and secure the item there.
Smartphones and "instant" access to information has become a double edged sword. Soon, you will asking "where's the competition?"
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