Jeb Bush Profited From A Hospital Stock, Thanks To Obamacare

According to a report in The New York Times (Josh Barro, online 7/1) between Oct. 2012 and March 2013, hospital-related stocks, including Tenet Healthcare’s, significantly increased. This share appreciation occurred at “the time it seemed likely that President Obama would be re-elected and that the A.C.A. would be implemented,” according to Barro, who adds, “The law was considered a boon for hospitals because it was expected to increase usage and reduce the expense of caring for uninsured patients who could not pay their bills.”

Jeb Bush, the former Florida governor and now GOP 2016 presidential contender, could most certainly not be described now as being in the pro-Obamacare camp. Yet, according to The New York Times story, Bush sold some “$1,103,424 worth of stock in Tenet Healthcare.” This sale took place in Sept. and Oct of 2013.

Jeb Bush also served on the board of directors of Tenet Healthcare from 2007 to 2014. Barro also tellingly reveals, “Mr. Bush’s tax returns reflect a gain of 105 percent on Tenet stock he acquired in May 2011 and sold in October 2013.“

Read more at The New York Times

How Does Jeb Bush Feel About Death Panels – Really?

Back in December, 2014 Jeb Bush hinted at a 2016 presidential run. While a Jeb Bush candidacy could place the former Florida governor under the spotlight on issues ranging from immigration to Common Core, what about his stance on Obamacare “Death Panels”? If Bush holds fast to his viewpoints, will he, in the words of The New Republic’s Brian Beutler (online, Apr. 21) “set a new and incredibly high bar of boldness for Republican presidential candidates and make a lasting contribution to the public debate”? Or, will he back down out of fear of being seen as, in the words of Beutler’s New Republic’s article, “a real supporter of Obamacare and national healthcare more generally”?

Of concern to some, is Bush’s position on the purported ACA panels. If they are not “death,” per se, but rather “end of life” counseling sessions, is their concept really as ghoulish as it sounds?

Beutler’s story goes on to explain, it was actually Sarah Palin (in 2009) who came up with the term. During that time, The New Republic story contends – with regard to the descriptor, “it had a much more concrete and un-ironic meaning. Reformers wanted to allow doctors to bill Medicare for providing end-of-life counseling to sick and elderly patients. They also wanted to increase the incentive for doctors to incorporate comparative effectiveness research findings into their practices. Taken together, reform foes alleged, Obamacare would leave the most infirm patients without access to potentially lifesaving treatments, and they would die avoidably.”

So where does Jeb Bush stand? Beutler’s article quotes Bush as having said during a recent New Hampshire political gathering, “In hindsight, the one thing I would have loved to have seen was an advance directive where the [Schiavo] family would have sorted this out,” adding, “I think if we’re going to mandate anything from government, it might be that if you’re going to take Medicare, you also sign up for an advance directive where you talk about this before you’re so disabled.”

Read more at The New Republic

Jeb Bush Sees Options To The ACA “Monstrosity”

A recent Politico post (online, Mar. 9 – Jennifer Haberkorn) says Jeb Bush has a vision of a restructured Obamacare. The former Florida governor envisions . . . “replacing it with a model that is consumer directed, where consumers, where patients, have more choices, where they have more of a direct relationship; where the subsidies, if there were to be subsidies, are state administered; and if there are to be exchanges, they aren’t coercive exchanges; where there’s no employer mandate, employee mandate or requirements of services provided that are extraordinary; where people have more customized types of insurance based on their needs; and it’s more consumer-directed so that they’re more engaged in the decision-making, and they have more choices than what they have today.”

Yet to some, the potential 2016 presidential contender may concurrently offer a rather dismal, gloomy assessment of Obamacare’s future. The Politico report also says that Bush doesn’t see much of chance of Obamacare “being repealed before President Barack Obama leaves office.”


Jeb Bush’s Potential ACA Baggage

As a potential or verifiable candidate for public office; or even one later enjoying frontrunner status, will severing perceived inappropriate private sector ties make you more likeable in the eyes of voters? That question perhaps, first and best, should be put to Mitt Romney. The former Massachusetts Governor cut the majority of his connections with Bain Capital approximately 10 years prior to running for president. It did not make him any more endearing to the electorate. A new report in Mother Jones (online, Dec. 26) alludes to former Florida Governor Jeb Bush likely carrying the same type of baggage , at least in this regard, as Romney. Soon after Bush’s term as Florida’s Chief Executive ended, he became an adviser to Leman Brothers, then to Barclay’s.

It’s Bush’s affiliation with Tenet Healthcare that is probably most problematic – at this point — should he decide to make a 2016 presidential bid.

As writer Kevin Drum, elaborates in the mother jones posting, “According to various media reports, Tenet backed President Barack Obama’s health reform act and has seen its revenues rise from it. Bush’s involvement with Tenet could give ammunition to conservatives in the GOP who view him as too moderate – – particularly those who despise the Affordable Care Act.” Drum also says, “I can’t help but get a chuckle out of this. In normal times, Bush would have left Tenet because it’s a big, soulless corporation that’s paid fines for Medicare fraud and been criticized for dodgy tax practices at the same time it was beefing up executive pay. A man of the people who aspires to the Oval Office can’t afford to be associated with this kind of dirty money.”

Read more at Mother Jones

Rubio Keeps Distance over Scott’s Medicaid Expansion

Senator Marco Rubio is shying away from Florida Gov. Rick Scott, following Scott’s controversial expansion of Florida’s Medicaid program. Former Florida governor Jeb Bush is also distancing himself from the governor’s move, reportedly telling state lawmakers that he is against the expansion.