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Jackson Healthcare CEO Richard Jackson on the health-care law’s impact on businesses and jobs.
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-- was that not only.
Our foreign policy and how it affects us since our title on policy and I would expect -- but bottom line the biggest runaway expense we have right now oddly enough is on health care.
Because interest rates are so -- our debt actually takes a back seat.
So the rising cost of healthcare -- running now at a double digit rate and increased.
Our overall health care costs in this country are -- Adam 11%.
Annual.
-- 11%.
Just by comparison the average American receives a two and a half percent -- you can do the math.
Not good Richard Jackson already has -- he's the CEO Bob Jackson health care and Richard that's.
Disturbing -- I mean -- health care costs are out of control the president's healthcare -- was supposed to alleviate that.
It seems just the opposite.
What what's happening.
Here well basically he didn't try to cut about -- and basically -- didn't solve the financing.
Health -- and so you know like -- I'm gonna pay 11% in taxes January -- the cult of Obama here.
Most people -- not send more.
11% more just for obamacare -- -- job killer payments and we should explained by the but it will be surtax on on selling certain assets property.
The Medicare so -- in the rest video -- it took to.
Eleven well senator of -- -- -- the world LLC.
Let me.
We paid what three point 8% taxes or residence woke up to cost them so they'll won't cost us twenty John what are we get better.
We don't get anything in my mind -- obamacare.
This adds no value to the system created 2600 pages in order to try to take over health care.
And at the same -- we don't really solve -- -- fundamental problem.
That we have an economic this year.
We have doctors -- control here on -- him like literally it is illegal for you -- pick somebody in -- hospital ordered drug -- -- doctor.
On the other hand we have patients could actually spending money but they're not spending here they're not paying -- and so fundamentally -- economic.
I just match -- -- investment.
Is that they're very -- it would pick -- hard stuff the Democrats come up with.
They don't -- -- another world.
You had to come up with something god -- -- That would provide health care for those who don't have it.
What would a -- First of all I'll.
You know from -- standpoint.
I think that you start over and there are some positive things.
You know for us -- civilians -- between page bill that talks about.
To what faced when he six preexisting conditions some of these other things that they're selling the whole process song.
But what we have to do is go back to the free market and and and be able to identify.
Patients and doctors working.
And having them have an incentive we've got to get patients with an incentive -- otherwise -- always -- out of control.
But to thank you -- a little popular -- present -- -- -- that's it.
Thank you for taking.
