RANDOM MUSINGS: Capitalism responds to socialism in Healthcare

In 1938, Henry Kaiser, a successful international contractor based in Oakland, begins planning construction of the Grand Coulee Dam. Kaiser, having heard about the remarkable health care achievements of Sidney Garfield in the Mojave, determines that the prepayment program is exactly what they need for their workers. Dr. Garfield assumes operation of the Mason City, Washington, hospital at Grand Coulee Dam, providing health care to 15,000 workers and their families. At its high point, health plan membership reaches 90,000 for Kaiser employess working mostly in a ship yard! In 1967, Henry Kaiser dies in Honolulu at age 85, having founded more than 100 companies with assets of $2.5 billion, operating 180 major plants in 32 states and 40 foreign countries, employing 90,000 people and producing 300 products and services. YES! A PRIVATE company with Healthcare Plan was created without UNCLE SAM! Read More:

From Kaiser: http://www.kaisersantarosa.org/about/kaiser/history

From Wiki: http://en.wikipedia.org/wiki/Kaiser_Permanente


Walwart: http://walmartstores.com/pressroom/news/6419.aspx

CVS: http://en.wikipedia.org/wiki/MinuteClinic

Walgreens: http://takecarehealth.com/

Please feel free to add your story or link on capitalism vs. socialism in today’s markets!

Cartoon Capitalism is dead

JD Morris Links:

JD Morris ( http://www.linkedin.com/in/jdmorris )
Sell Your Company ( http://www.facebook.com/SellYourCompany )
InvestorNetwork ( http://www.facebook.com/InvestorNetwork )
Investor Network ( http://www.linkedin.com/groupRegistration?gid=53760 )
Sell Your Company ( http://www.linkedin.com/groupRegistration?gid=2593533 )


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