I Agree. The government won't chase private insurance holders to attend public hospitals. The issue is that private insurance holders seem to be preferencing themselves into public hospitals. The consumer is more aware of gaps and disparity now.
The government will need to use legislative instruments to close these loopholes. Or the public system become so overburdened that the wait time becomes unacceptable for people on a cost/benefit ratio and they pay more to go private.
Before it was an easier choice. Now though the price has VASTLY exceeded percieved benefits of time saved versus public. Thats the main issue and only legislation or structural change will later it.
Ramsay is in for a rough few years I think. I would honestly not be surprised if we end up testing 45 after the report in September? October?
I'd be happy enough to buy come Jan/Feb next year though under a cost cutting turn around strat for 2019 however.
Regal Funds, page-9
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