Regardless of ones political stance, health care is one of the greatest issues we face today. This is particularly true for you as an investor. Why? Because in the United States we spend $2.5-trillion on health care every year. That’s some major money.
There’s a lot of talk about health care regulations, taxes, and their burden on business. As a business owner, the biggest concern is the expense health care to my business. This isn’t just my opinion. The CEOs and presidents of major companies who have joined me on About Money have expressed the same sentiment. The cost of health care is a serious issue.
One of the major ways I believe we will see this dollar-to-care ratio improve is biotechnology. Previously medicine has been discovered by a trial and error system – a costly, unpredictable process. With biotechnology, scientists can engineer medicine by splicing together cells.
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I want to hear your opinions; please leave a comment below and let me know your thoughts.