Insurance stocks rise in Obamacare as "stockpile" pink before Bush was first proposed? The day when Bush beat McCain in 00 ', companies dealing with the war have seen their stocks until they explode. Insurance companies are 32 million new customers while the stock looks good. Do not know how their new ceiling of 3% on profit effect if.
Yes. Then people will lose their collective mind as they did during the invasion of Iraq.
Doubt you will see an increase.
You must remember, only 12 million of those 32 million would insurance. The rest will have to buy it.
Since the 12 million probably have not because of pre-existing conditions or simply too poor, they may find themselves in these exchanges of state advertising "which is the Government provided any way you look. Since we know that the government saw it all, can we honestly say that the government can not remain neutral and not be a conflict of interest when they are in direct competition with private insurance industry? After all, things are open government, no matter if they have no money to pay overhead costs, etc. They do'nt employee must be effective or make a profit, they can print their own money and to their own rules.
As for private industry, I am sure many will be forced to close, and they are now required to take charge 85% instead of only 60% to cover claims, which means that overnight, Obama made all the insurance companies financially unstable.
Insurance rates do not revise too until January, so when the idiot left will vote in November, I'm sure they'll fall for the rhetoric that "nothing has changed, premiums are still the same "BS in November.
Yes, they will increase in the short term, but it will be driven out of business eventually.
Progressives want a public option and create a climate where insurance is very expensive.
It is the place to be worn, to win public support for the public option at a later date.
This law must be repealed or annulled by the court because it "is unconstitutional
I would buy shares of clothing retailer. Wait until Putin and the boys begin to move around the Kremlin vodka again Obama will get wet and ruin both suits, you will get rich off dividends.
a bit late to this prediction does not you think?
just to update you the latest news - Obama was elected and served for about 1.25 year.
always happy to help you ...
Short-term gains might be possible, but I would stay out of the industry over the longer term.
Posted on May 2, 2010.