If you’ve paid any attention to the headlines recently, then you’ve seen the recent influx of candidates popping up, left and right, prepared to run for president in the 2020 presidential election. Whereas President Donald Trump made it clear from the very beginning that he was a staunch naysayer of anything resembling universal healthcare, the recent flooding of candidates, most of which are Democrats, have expressed the possibility of introducing a new system.
The United States is unique among industrialized nations in that it has no uniform health system, no universal health coverage, and until Trump decided to repeal Obamacare, legislation requiring healthcare coverage for nearly everyone. According to a 2014 survey, 48 percent of U.S. health care spending came from private funds, meaning individual citizens paid for healthcare plans. For the most part, health care is delivered privately in America, except for citizens with access to Medicare and Medicaid.
New Faces, New Ideas
As we get closer to the 2020 campaign season, the recent stream of Democratic candidates have all expressed their intentions to support some form of universal healthcare coverage for Americans. All in all, every candidate wants a system for the country that covers a majority of the population, if not all, and is one where qualitative care is provided. Under a single-payer system, health insurance would be funded by taxes and would cover the cost of healthcare for all residents. However, single-payer systems are far from perfect, and in every instance where a country utilizes this framework, citizens still have to come out of pocket.
Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond
It would seem that adopting a form of universal healthcare would be overwhelmingly positive for the United States, but these types of healthcare systems have existed for quite some time, and yet, America has remained unconvinced. Several market analysts believe we’ve yet to change systems because of how the shift could adversely affect the healthcare industry.
Nothing Is Too “Extreme”
In political theory, the “Overton Window” posits that there’s a window of acceptable ideas and policy proposals in public discourse. Everything inside the window is commonly understood and acceptable, but everything outside is ludicrous, and could never happen. When President Donald Trump was elected president, the window expanded, and we’ve since become numb to grandiose, extreme ideas, because we now believe anything to be possible. In order for companies to outlast the craziness of politicians tackling the beast that is American healthcare, they must be prepared to meet the growing demands of consumers no matter what form of healthcare we adopt.
Prepared For All Seasons
Enter Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F), a Canadian publicly traded company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry. This Company is challenging all previously conceived notions about companies working to advance the future of healthcare, namely because they are innovators.
In an industry replete with companies trying to reinvent the wheel, Premier has invested both time and significant capital in product development, as well as strategic acquisitions to prove to consumers that they truly want to improve the quality of care presently available. In recognition of the vast potential of making medicinal cannabis more accessible to the healthcare industry, Premier has lead the way towards putting medicinal-grade cannabis in the hands of consumers.
High Expectations For The Future
Last week, the Company announced that, as part of its expansion plans, it is now formally entering the cannabis clinic space. The times are changing and consumers are advocating for their lawmakers to pass legislation in support of marijuana legalization. Research has shown us that cannabis functions as an incredible anti-inflammatory, as well as a resource for those struggling with anxiety, depression, eating disorders, and a plethora of other health challenges.
At the tail-end of last month, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) closed on their acquisition of of all outstanding securities of Cloud Practice Inc, subsequently gaining access to JUNO EMR, a cloud-based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal.
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is currently working on a partnership model to incorporate their new assets into their platform, so the Company can begin expanding into the cannabis clinic space.
Dr. Essam Hamza, CEO of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) said, “There has been a critical gap between the patient’s need for medical cannabis and the doctor’s knowledge and comfort level in prescribing it. At Premier we understand the frustration felt from both the patient and the doctor and are integrating what we think is a revolutionary process. This new tool will allow us to provide a much-needed service to the 287 clinics and almost 3 million patients in our ecosystem.”
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