Stocks edge higher as health care gains on deal news
Source: AP-Excite
By STEVE ROTHWELL
NEW YORK (AP) — Deal news gave the stock market a lift Wednesday.
Health care stocks rose after generic drugmaker Mylan bid $29 billion for rival Perrigo. That offset a slump in energy stocks prompted by a big drop in oil prices.
In Europe, oil company Royal Dutch Shell agreed to buy BG Group for $69.7 billion in cash and stock.
Corporations worldwide are seeking to increase growth through acquisitions and have announced almost $1 trillion of deals so far this year, according to data provider Dealogic. That's giving a boost to stock markets as the acquiring companies typically offer a premium for their targets.
FULL story at link.
FILE - This Oct. 2, 2014 file photo shows the facade of the New York Stock Exchange, in New York. U.S. stocks opened higher Wednesday, April 8, 2015, as investors waited for the release of minutes from the Federal Reserve's latest meeting. Investors were also waiting for companies to start reporting their first-quarter earnings. Alcoa, a metals company, will be one of the first major companies to report earnings after the close of the market. (AP Photo/Richard Drew, File)
Read more: http://apnews.excite.com/article/20150408/financial_markets-4fb43b9548.html
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I have this small chunk of money I've been moving around for years trying to get some return on and I've managed to kill off every market I put it in (see, gold). About a year ago I noticed that health care was doing quite well in anticipation of Obamacare wrecking the market 
so I stuck my little chunk in a health care mutual fund and in general it's been doing quite nicely, thank you.
I await the next industry that Obama decides to nationalize in anticipation of further investment opportunity.
My provider is Yale New Haven Hosp. The "provider charge" on my chemo bills were $40K average for each round of chemo, which according to NIH actually costs $3600. But I was told not to consider the provider charge and to look at the "allowed" charge. The allowed averaged $23K. Again, this is nowhere near $3600. And BTW, my chemo was "conventional" since the drugs used have been around for decades and they are not new, life-saving or cutting edge. Same with the nursing care/admin. and lab work. Basically, unless you're doing some new cutting edge chemo, it's an IV drip. At $44K each, the provider charge for my 12 rounds = well over $1/2 million. Again, for an IV drip. Isn't that a tad bit inflated? 
