You can't Have One Without The additional
In stark contrast to Clinton-era health reform, insurance plan companies like UnitedHealth Group (NYSE: UNH) don't seem opposed to President Obama's desire for change in health really do care. They haven't brought back commercials featuring 'Harry and Louise' hanging out around their home talking in what a terrible idea will be.
But they aren't sitting on your hands, perhaps. The industry sent its lobbying group, America's Insurance policy Plans (AHIP), to Obama's health-care summit earlier this month, and Aetna (NYSE: AET) Chairman and CEO Ronald Williams testified before Congress the day before.
The industry basically seems opposed to 2 issues: If you've got the stomach for the roller coaster, there's money to be generated - will go fine . believe how the government is not going to destroy the health-insurance industry while trying to fix that.
A government-run plan competing with private health insurers.
Requiring organizations to accept preexisting conditions without making health insurance a requirement.
I'm uncertain the companies really in order to win the 1st point to be alive. Sure, the government can theoretically do it for cheaper since web sites . need display a profit, but let's face it -- government programs don't exactly supply a warm-and-fuzzy looking. There's a reason that seniors are going to pay for Humana's (NYSE: HUM) or Coventry Health Care's (NYSE: CVH) Medicare Advantage instead of taking deals are going to Medicare.
The second one seems like a deal-breaker. If brand new tries to push health insurers to accept sick patients without requiring the healthy ones devote up, price going to skyrocket -- exactly opposite of the administration's goal. If the president or Congress attempts to insist on this, And also the it's safe to expect that we'll see Harry and Louise come out of retirement.
While the medical insurers are sitting in the table, we're a long way from a deal as far as I noticed. That means shares of health insurance stocks can potentially continue to consider like those of Citigroup (NYSE: C), Bank of America (NYSE: BAC), and AIG (NYSE: AIG); any announcement by brand new is in order to have major effect of their share pricing. If you've got the stomach for that roller coaster, there's money to be made - as long as you believe that the government won't destroy the health-insurance industry while striving to fix it all.