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75 points

You can be wealthy and not be “pay your own medical bills” wealthy.

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0 points

Doesn’t his family own nursing homes and other businesses? Shouldn’t that be wealthy enough for healthcare? You would think there are some connections to the medical sector there as well.

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14 points

Nursing homes are typically run poorly because they’re in a position that has a hard max on profit. Medicare pays what it pays and that is all. Unlike a hospital which can just make things up and charge whatever, alongside pricy elective surgeries, nursing homes have settled into their x Medicare $$ for each patient.

So while there is profit it won’t be anywhere near the profit of a hospital.

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5 points

Couldn’t a private nursing home charge whatever they want for room fees, recreation fees, meal fees etc? There are some very shitty nursing homes and some very fancy ones out there, and id bet the profit margins on the fancy ones are much higher.

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11 points

US doctors can’t always afford healthcare

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