The Mudcat Café TM
Thread #127931 Message #2858795
Posted By: Q (Frank Staplin)
07-Mar-10 - 10:22 PM
Thread Name: BS: Romney and Bain Capital and Bain & Co.
Subject: RE: BS: Romney and Bain Capital and Bain & Co.
Yes, Mitt. The name bothers me. I see Mitt and still write Milt.
The Hospital Corporation of America is the largest private operator of health care facilities in the United States (also a large provider in London, England) with over 170 hospitals and over 100 free-standing surgery centers. In March, they sold $1.4 billion in 10-year notes. The portion owned by Bain Capital, part owned by Romney, is large.
Talking on Fox yesterday, Romney attacked the Obama health care plan and mentioned the importance of private insurance schemes. Of course they contribute much to the income of HCA. What will be Romney's stance if he does decide to run? ---------------------------------- Shifting gears, states have insurance boards that control the operation of insurance firms within their boundaries. Not all companies are licensed to operate in all states and contracts vary. Health insurance is heavily regulated at the state level. I think that this contributes to high costs. I am just asking questions at this point.
The first simple article on this that I have run across: "The Effect of State Regulations ....." http://www.heritage.org/research/healthcare/cda06-04.cfm