March 1, 2010

Mexican Mayo

"I think they call it 'Salsa, jk...'"

Nope, I am thinking of a Mexican Mayo Clinic (or perhaps Costa Rica) that will be an Atlas Shrugged facility for health care. We'll take money and we'll sell real Clifford Asness insurance. We'll hire providers who did not go to Med school to be GS-7 Government employees, or who don't want to join AFSCME.

Whatever happens up here it's gonna be bad. The full brunt of ObamaCare may or may not be avoided but look at Massachusetts:

Last month, Democratic Governor Deval Patrick landed a neutron bomb, proposing hard price controls across almost all Massachusetts health care. State regulators already have the power to cap insurance premiums, which Mr. Patrick is activating. He also filed a bill that would give state regulators the power to review the rates of hospitals, physician groups and some specialty providers. Those that are deemed too high "shall be presumptively disapproved."

Mr. Patrick ad-libbed that he had "a whole bunch of pals here who are in the health-care field, and I saw the color drain out of their faces." Little wonder. The administered prices of Medicare and Medicaid already shift costs to private patients while below-cost reimbursement creates balance-sheet havoc among providers. Now the governor wants to import these distortions to save the state's heavily subsidized insurance program as costs explode.

The feds will enact some pieces, more states will do more. And pretty soon -- if not now -- you'll be able to staff a whole hospital in a sunny modern hotspot with disaffected staff. I am guessing, like Atlas, that you will attract the best in every category.

Affluent Canadians go south to avoid the privations of socialism. I wondered where Americans would go. Why not South? I believe there is already quite a bit of medical tourism in Costa Rica for specialty items like dental reconstruction and joint replacements. Why not a whole hospital?

Vamanos muchachos?

Health Care Posted by John Kranz at March 1, 2010 12:54 PM

Sounds like the beginnings of an excellent business plan. You didn't mention drug testing, however. What's your prescription there, pardon the pun?

Posted by: johngalt at March 1, 2010 3:01 PM

We'd be subject to the stringent drug regulations of our host country.

I think India and Costa Rica do a lot of trials, that could be a good revenue source.

Posted by: jk at March 1, 2010 3:42 PM | What do you think? [2]