Health exchanges: A new gold mine
Smith and Graham aren’t the only Leavitt Partners employees pulling extra hours. Staff at the firm has doubled over the past year, as has office space in the Salt Lake City headquarters.
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More than $300 million in exchange grants has already flowed into the states since the Affordable Care Act passed. That number will grow exponentially in the coming months, as states move from the initial steps of passing exchange legislation to the more lucrative task of setting them up.
For health consultants and information technology vendors, it’s already shaping up to be a gold mine.
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“It’s a tremendous opportunity,” said Steven Auerbach, president of the health IT company Connextions, which has added more than 2,000 jobs this month alone as it gears up to compete for both private and state exchange business.
Leavitt is former Republican Health and Human Services secretary (under Bush) getting paid by helping states implement ObamaCare. He is OK acquiring his riches from tax transfers.
He is part of the problem.
What is the problem? Too many people who choose to acquire wealth from taxpayers - whether it Leavitt making a bunch of money, or the welfare mom who gets barely enough to make it each month. The country simply will not survive with an
abundance of people living off of redistributed money (which is ALL of government spending).
Yeah I know - there are 2,000 jobs created from Obama's policies - isn't that good? Not exactly - they are not getting paid from investment and risk from running an independent enterprise. I am paying their salary. So what does that mean? There is really no economical gain. The jobs are not "organic" in that Leavitt Partners are not the source of the growth. I am. You are. And Obama wants a raise (tax increases) for the services he provides.