BILAL BASRAIThree Important Economic Healthcare

Facts

Bilal Basrai is a financial professional. Before his current

position, he served as an equity research analyst, and

was top ranked for the majority of the healthcare stocks

he covered.

He was ranked as the seventh best stock picker in the

healthcare services and provider’s industry.

Here are three important economic healthcare facts for

professionals in the field.

An important fact to keep in mind is that the higher the

cost of healthcare in general, the less money people

have to spend in the economy.

When the price of healthcare increases, people simply

don’t have the money to spend on luxury items or items

of comfort. This is especially true for families who have

children in need of major healthcare services.

In some cases, it makes it difficult to even afford the most

basic items necessary to live. This has an impact on the

economy as a whole because other industries suffer as a

result.

Most of the healthcare coverage that families do have isn’t

enough to fully cover the costs of emergencies. Most

families in this country can afford only the most basic

insurance or coverage policies available to them through

work or insurance companies, which means there’s still a

lot to be said about what’s lacking in their plans.

Emergencies are named such because they can’t be

planned for, which can easily put a dent in a family’s

monthly budget.

Another important healthcare fact, and possibly the

most important, is that healthcare coverage offered by

employers has been on a drastic decline in recent

decades. Only one percent of employees choose to use

their employers recommended healthcare policy, as

opposed to seventy-five percent not too long ago.

Bilal Basrai understands the important facts about the

healthcare industry, which is why he achieved so much as

an equity research analyst in the field.