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Medical is the Largest Opportunity/Challenge

Arthur Hanson

Well-known member
Medical in the US is set to reach 20% of GDP and is the largest portion of our debt, exceeding our national debt of 17 trillion, with just the Medicare debt currently at 27 trillion. This is not just in the US, but the rest of the world as demographics shift towards older populations. The tech/semi sector is our best hope for more than any other sector, they have shown the ability to drive down costs and increase quality in almost every sector they have touched. If this isn't dealt with and dealt with shortly, the economic, social and political disruption has the potential to be catastrophic. Already the tech/semi sector has just started to make inroads into this area. I feel the next tech sector that will have to get involved is social media, for the world's societies will have to make fundamental changes if we are to deal with probably the greatest social disruption man kind has ever seen. The opportunities and challenges will be equally great and require the best of our visionaries to solve them. Comments and possible solution solicited and welcomed. This discussion has to start now, before changes we don't want to occur start to happen. I feel the semi industry with its very successful solution oriented culture and record is the best place to start. The current medical establishment a proven record of failure in quality, access and cost, especially in the US.


Obamacare’s in Trouble as Insurers Tire of Losing Money - Bloomberg
 
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