Healthcare shares rise after vote

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Shares in many US healthcare companies rose on Monday following the passage of healthcare reforms, with investors seeing the benefits of greater certainty and increased demand offsetting potential price controls.


Even several large medical insurers, which could experience rising costs and lower profits from a requirement to accept broader coverage on more restricted terms, gained, alongside pharmaceutical companies, which had lobbied aggressively to limit the costs of reform.


They also get all the newly mandated customers.


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SueN's picture
SueN
Joined:
Jul. 31, 2007 3:01 pm

Comments

They seem to be generally tracking the market since the Q408 crash looking at WLP, AET, CI and UNH -- sure aren't feeling any pain from health insurance reform thats for sure..

I wonder if the banks took a hit over the student loan reform?

Since Cerberus ate Caritas Christi

the health insurance companies are unmasked as ...

The Moneychangers in the Temple

LeMoyne's picture
LeMoyne
Joined:
Jul. 31, 2007 3:01 pm

Currently Chatting

Can Democrats Set Out a New Path?

Democrats must embrace a pro-government platform, not run away from it.

Those were the sentiments of Senator Chuck Schumer today, in a speech given at the National Press Club. Talking about the reasons for Democrats’ losses on Election Day, Schumer said that those losses were proof that the American people and middle-class want a government that will work more effectively for them.

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