The Obamacare Reality is Here
Yesterday, while delivering some heavy duty medical equipment to one of our business accounts, I chatted with a young employee of theirs. He was about 30 years old and I could tell he was fairly intelligent. Here in Boise, we have a huge supply of medical equipment refurbishers. The margins are enormous. It is nothing for these refurbishers to buy a piece of medical equipment for five thousand bucks, put a little work into it, and re-sell it for eighty thousand dollars to some second tier medical provider who cannot afford to pay half a million for the newest device. I have another friend who works for a company that quite literally drives a U-Haul truck around a population center in surrounding states- asking dentists if they have old equipment for sale. Old fashioned cold calling. They buy just about everything. Once the truck is full- they drive it back to Boise. They have been doing this for years. That little company employs 25 people all making 10-15 bucks an hr. No benefits ...