[jyl]

Tobra, you're referring to ACA (aka Obamacare), I guess?

From the point of view of a doctor, I can definitely see that.

From the point of view of a consumer, ACA has been very helpful. I left jobs in 2015 and 2020, and both times the ACA was a lifesaver - allowed me to keep self/family covered without being yoked to an employer.

I've talked with some doctors about the percent of operating expense that they spend on medical billing and insurance claims, they've told me it is ridiculously high. I think when we look at the healthcare system, we need to find a way to get rid of 90% of that expense.

Medical malpractice would be another expense we should be able to slash. There should be compensation for genuinely serious medical errors, but our current system goes too far (spoken as a former lawyer).

I'm a believer in strong drug company profits - that's a big part of my investing focus - but there's surely some way to shift some profits away from older and me-too drugs and toward new drugs that address unmet needs.

Finally, I know lots of people get their living from it, but I feel that some substantial portion of the medical insurance industry's revenues could be eliminated and directed to the doctors and others who actually provide patient care.