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 4:01 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 4:01 pm

Currently Chatting

How much did "fast track" cost the corporate elite?

It cost corporations less than $18,000 bucks per vote to get “fast track” passed in the United States Senate.

According to a recent analysis by The Guardian Newspaper, corporate members of the US Business Coalition for TPP donated more than $1.1 million dollars to Senate campaigns in the first quarter of 2015. The average Democrat received about $9,700 dollars and the average Republican raked in almost $20,000.

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