The Trump administration has pumped billions of dollars into the healthcare industry during the COVID-19 crisis, padding bottom lines at some of the country’s most profitable businesses even as millions of Americans have been left struggling with mounting medical bills.
“Any effective investor says we want to see something for our investment,” she said. “I’m very concerned that all we’ll get out of this is an even more expensive healthcare system than we had going into the pandemic.”Advertisement During that crisis, recipients of taxpayer bailouts were subject to restrictions and requirements that public aid be recouped,The Trump administration’s lenient rules for corporate recipients of COVID-19 aid also contrast with its approach to government programs for poor people, such as Medicaid or food stamps.
Business leaders and consumer advocates also worry that once the coronavirus crisis passes, many medical systems will simply demand that employers and their workers pay even more.“Employers simply can’t afford that right now,” said Michael Thompson, president of the National Alliance of Healthcare Purchaser Coalitions, which represents employers that provide health benefits to their workers. “And they can’t shift more costs onto employees in a downturn.”that it was returning $1.
Since March, the federal government has committed more than $10 billion to help test and produce potential vaccines through the administration’s Operation Warp Speed.Advertisement
How are those Newsome/Garcetti restrictions working out😏
The people that work at hospitals are working very long hours to save people's lives they do get paid overtime for that, LA times IDIOTS
The rich get richer, and the middle-class & poor? They just die.
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