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Is now the time to buy stock in the health sector or has the train left the station already?

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Postman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:46 AM
Original message
Is now the time to buy stock in the health sector or has the train left the station already?
Edited on Thu Sep-10-09 09:46 AM by Postman
This is going to be a huge profitable windfall for the Health Insurance Industry.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:52 AM
Response to Original message
1. Actually I divested Health Funds a couple months ago
Edited on Thu Sep-10-09 10:00 AM by FreakinDJ
Partially in protests and unemotionally I rather wait for the dust to settle.

SEC. 116. ENSURING VALUE AND LOWER PREMIUMS.

(a) In General- A qualified health benefits plan shall meet a medical loss ratio as defined by the Commissioner. For any plan year in which the qualified health benefits plan does not meet such medical loss ratio, QHBP offering entity shall provide in a manner specified by the Commissioner for rebates to enrollees of payment sufficient to meet such loss ratio.

(b) Building on Interim Rules- In implementing subsection (a), the Commissioner shall build on the definition and methodology developed by the Secretary of Health and Human Services under the amendments made by section 161 for determining how to calculate the medical loss ratio. Such methodology shall be set at the highest level medical loss ratio possible that is designed to ensure adequate participation by QHBP offering entities, competition in the health insurance market in and out of the Health Insurance Exchange, and value for consumers so that their premiums are used for services.


This provision very well may seperate the "Men from the Boys" Health Insurance Company wise

http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=PFE
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OllieLotte Donating Member (495 posts) Send PM | Profile | Ignore Thu Sep-10-09 11:24 AM
Response to Original message
2. Sorry, I don't follow you.
I think most of the health care stocks have been somewhat depressed due to the uncertainly. I think the stocks are likely to go up if Obama's plans succeed or fail.
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