Health care stocks rise after Dems drop public option
OPS_admin | Dec 09, 2009 | Comments 0
From Reuters:
Shares of U.S. health insurers rose on Wednesday after efforts to overhaul the health system moved away from creating a government-run insurance plan long viewed as damaging to the industry.
However, gains may have been held back as analysts said new measures that would expand the Medicare government plan to younger adults and require insurers to spend a certain amount of premiums on medical costs presented new potential risks.
Senate Democratic healthcare negotiators agreed late on Tuesday to replace a government insurance option with a scaled-back non-profit plan.
The S&P Managed Healthcare index (^GSPHMO – News) of larger U.S. health insurers rose 1.3 percent, compared to a 0.6 percent drop for the broader S&P 500 index (^SPX – News). UnitedHealth Group (NYSE:UNH – News) increased 1.7 percent, Aetna Inc (NYSE:AET – News) rose 1.3 percent and Humana Inc (NYSE:HUM – News) climbed 1.1 percent.
Full Story Health care stocks rise after Dems drop public option | Raw Story.
Filed Under: Economy - Labor
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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