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Welcome to Weimarcare

June 26, 2015 By Richard C. Young

Welcome to the era of Weimarcare insurance. Back in the 1920s,  Germany debased its currency to the point that the bank notes became essentially worthless. Eventually no one would take them. Now in America, Obamacare has morphed into Weimarcare, as an exploding number of health professionals will refuse to take patients with third-class, subsidized Obamacare insurance.

In my own experience, by example, three of the health professionals I work with take cash only. A fourth takes some private insurance, but no Medicare or Medicaid. Scant few Weimarcare patients will see the light of day in these offices. And now with the Supreme Court ruling, a wave of additional health professionals will hang out the “closed” sign to Weimarcare insurance policy holders.

So yes, welcome to the era of Weimarcare insurance. As the stark reality of Weimarcare takes hold, Americans will learn that it is one thing to have an insurance policy and quite another to find top-flight health-care professionals who will take it.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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