As the political debate rages over government-mandated, health-care reform, there is one fundamental fact that all parties agree on: Health-care insurance is a necessity for everyone and there must be a way to make it available in a cost-effective manner without adding to the already huge federal budget deficit. The only solution is to engage the private sector and legislate meaningful tort reform. The latest data indicates nearly 46 million people in the U.S. have no health-care insurance—about 18% of the population under age 65—and 30% of all insurance premiums go to pay for the cost of assisting those people.
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.