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Testing the Hypothesis; Part 2

Testing the Hypothesis; Part 2: Summary: There are two principal groups and industries who would seem to benefit from this but do not. Healthy young people Wealthy people in poor health Healthy young people might fall into the lower or middle class brackets that would benefit from a serious change to the healthcare system. Because they are in good health they often feel that they do not need health care much at all. Might not oppose or may even support changes to the system, but for ideological rather than personal reasons. Wealthy individuals in poor health: While those in poor health are theoretically the perfect customers for this “solution” to healthcare, their status and wealth does affect how they react to it. Those with enough wealth to shrug off the costs of their healthcare are, regardless of health, averse to serious changes in the market (unless if they involve less regulations). Because they have healthcare at a price they are willing ...

Solving the Problem

Solving the Problem - The Second Most Important Part of Entrepreneurship: The opportunity - The Opportunity is for creating a viable means for providing decent healthcare for all within the U.S. political climate. This involves opposition from the entrenched interests; the existing insurers as well as the hospitals and medical practices that profit from the quasi monopoly system present today. This barrier could only be overcome through substantial popular support against the entrenched interests This must be done in a way that avoids the existing political debate on the issue vis-à-vis the extent of federal involvement. There will need to be government assistance in order to get any solution off the ground in the face of industry opposition. There are likely regulations that will need to be removed as well as others that will need to be put in place. To ensure a high quality of care the ACA minimum requirements should be maintained. Any regulations ag...

Testing the Hypothesis; part 1

Testing the Hypothesis; part 1: American consumers are finding it difficult, if not impossible, to access decent healthcare at a reasonable price. The Who: American consumers The What: they are unable to access decent and affordable healthcare The Why: the current system does not profit from keeping the maximum number of people healthy. Testing the Hypothesis: The Who: not all consumers have this need to the same extent, wealthy consumers still overpay compared to other countries, but their service is still decent enough at the price that they are willing to accept it. The What: The wealthy are not necessarily bound by this need as they have access to healthcare regardless of price. Still, cheaper healthcare would certainly benefit even the wealthy. The Why: It is true that there is no incentive on the part of insurers to provide for their customers health care if they can get away with not doing so. But not everyone is in agreement on this point; some believe ...

Identifying opportunities in Economic and Regulatory Trends

Identifying Opportunities in Economic and Regulatory Trends Inflation is not up to expected levels, this is the time to take out mortgages and loans for a startup. Erwin, Neil “Janet Yellen and the Case of the Missing Inflation” Online: New York Times; June 14, 2017. https://www.nytimes.com/2017/06/14/upshot/janet-yellen-and-the-case-of-the-missing-inflation.html?rref=collection%2Fsectioncollection%2Fbusiness-economy&action=click&contentCollection=economy&region=stream&module=stream_unit&version=search&contentPlacement=8&pgtype=sectionfront Current economic conditions have produced less inflation than is normal and the Fed is concerned that current growth is unsustainable. In response, the Fed is increasing interest rates at a slow but consistent rate. This means that right now is s much better time to seek investors or take out loans because the interest rate is currently lower. Shortly, as rates increase, it will become a better opportuni...

Identifying Local Opportunities

Identifying Local Opportunities Markets are slow to restock - groceries following Irma. http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/166E955447D971F8?p=WORLDNEWS Hurricane Irma has caused a great deal of trouble for many stores. Produce in particular has been negatively affected because both stores and customers have lost a great deal of frozen goods as a result of losing power to refrigerators. The fact that a great deal of produce was brought just prior to the hurricane has further strained supply lines. Other items, such as fans, generators and repair equipment are, are also in great demand as those without power try to stay cool and those with power attempt repairs. Thankfully supply lines were not ruptured or particularly damaged during the storm and within a few days there will be ample supplies. The problem, as it were, is the loss of all the frozen food over the course of the hurricane. There is also the fact that, while we were lucky that th...