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

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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

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The Ferguson Effect On Our Great Grand Children

A few weeks ago, Congressman Paul Ryan released his latest proposal for tackling America’s poverty epidemic. Unfortunately, the plan does very little to combat poverty in our country, and instead, continues the devastating austerity policies that Ryan himself helped to create. Thanks to those policies, entire communities across America are underwater, and struggling to survive in tough economic times.

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