Analyst cuts ratings on UnitedHealth and WellPoint
Full story: TwinCities.com
Saint Paul, MN
#1 Nov 15, 2010
Once again, good to see new goverment regulation affecting the value of American companies.(See TCF Bank)
Remember, if you have a 401k, IRA, pension plan, etc YOU own a piece of these companies.
#2 Nov 15, 2010
Not necessarily. It depends what plans you have selected for your investments and with this news coming out health insurance companies would not be a company I would invest in at this point. You at any time if having a mutual fund investment can pull up what your money is being invested in and you have the ability to change those investments. Sounds like another scare tactic to undercut the new healthcare reforms......
#3 Nov 15, 2010
Robbie, I think you're missing the point. The point being, government has no business dictating the degree of 'profitablity' for any industry segment or company. That decision/course is best left to the market. Don't like the company, don't buy the product. Just imagine if there was portability for all carriers, across all products and across all States. Buy only the insurance you need from whomever you want. Do you think you might see better pricing? Sure, but you can't do that because of government regulation. Let's look into why 93% of health care costs associated with health care costs reside within the provider/pharma side of the equation- there in lies your greatest opportunity for cost savings.
#4 Nov 15, 2010
don't expect Robbie to expect economics...
don't even expect his hired Congressrats to have read the bill.
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