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Humana stock up 7%+, Aetna up 4.15%, United Health up 4.09%!

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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Tue Jan-19-10 07:02 PM
Original message
Humana stock up 7%+, Aetna up 4.15%, United Health up 4.09%!
Possible Coakley loss is great news for health insurers! Whooooooooooo hoooooooooo! :sarcasm:

From Google Finance

HUM Humana Inc. NYSE USD 51.94 +3.43 7.07%
HS HealthSpring, Inc NYSE USD 20.13 +0.83 4.30%
AET Aetna Inc. NYSE USD 32.66 +1.30 4.15%
UNH UnitedHealth Group Inc. NYSE USD 35.13 +1.38 4.09%
CI CIGNA Corporation NYSE USD 37.92 +1.08 2.93%
WLP WellPoint, Inc. NYSE USD 68.06 +1.41 2.12%
MOH Molina Healthcare, Inc. NYSE USD 23.68 +0.48 2.07%
HNT Health Net, Inc. NYSE USD 26.01 +0.44 1.72%
WCG WellCare Health Plans,... NYSE USD 36.45 +0.43 1.19%
GTS Triple-S Management Corp. NYSE USD 17.63 +0.04 0.23%
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endless october Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:04 PM
Response to Original message
1. no, they realize health insurance corporation bailout passes either way.
and so do their stockholders.

if they thought health insurance bailout wasn't passing, the stocks would go down.
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Egnever Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:07 PM
Response to Reply #1
5. LOL
does it hurt to be so clueless?
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endless october Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:12 PM
Response to Reply #5
9. follow the money.
Edited on Tue Jan-19-10 07:12 PM by endless october
look for yourself and discover how much they've paid to lobby for this bill in the last two years.

it cost hundreds of millions to keep single payer off the table, and millions more to kill the public option.

if you think the insurance companies don't want a bill that is basically nothing more than a mandate to buy health insurance with few cost controls on it, you're crazy. with this bill, the insurance companies capture healthy 20 somethings who don't buy insurance right now, and they can still put the old and sick in expensive high risk pools. and those people can't drop the insurance without paying a fine.

insurance companies gain from this bill. big time.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:22 PM
Response to Reply #9
15. They've spend hundreds of millions trying to kill the bill.
Which in your world makes you think they like it?

Reality fail.
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:36 PM
Response to Reply #15
18. Trying to kill the bill?
When they get mandates and no public option to compete against? And only have to bribe one republican over if this guy gets in?

They were lobbying to kill meaningful reform, not the bill.

Someone else is having a reality fail here.
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endless october Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:58 PM
Response to Reply #15
22. they spent hundreds of millions trying to kill reform,
not this bill.

this bill is what they paid for.

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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 08:18 PM
Response to Reply #15
23. He is totally right
They spent millions trying to keep PUBLIC OPTION out along with other protections for the average person. They WANT a mandate that people have to buy their insurance PRODUCT.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:04 PM
Response to Original message
2. It's good news either way for those bloodsucking vermin.
The HCR bill as it stands is a huge gift to them.

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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:06 PM
Response to Reply #2
3. A gift that will be pried from our hands and delivered on a silver platter to those traitors...
...by the traitors we helped elect.
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:06 PM
Response to Reply #2
4. they don't like it overly much. they're afraid it opens the door to closer scrutiny
and tighter regulation. thus the spike in their stocks anticipating a brown win.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:07 PM
Response to Reply #4
6. Pffft...yeah right. They're in love with the coming influx of 30 million new suckers, er, customers.
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:09 PM
Response to Reply #6
7. the actual evidence doesn't support your frame, but many people, and you're
clearly one of them, squish everything into their frame.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:21 PM
Response to Reply #7
14. Ayup, that's me. Mr. Squishy.
:eyes:

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:19 PM
Response to Reply #2
13. The Banksters say Nope - and figures don't lie.
We've been had
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:10 PM
Response to Original message
8. The betting is that the Senate Bill will be forced down the House's throat....
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invictus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:33 PM
Response to Reply #8
17. +1
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:38 PM
Response to Reply #8
19. Oh, that just makes me sick
But the very height of political kabuki.

"We couldn't pass anything else..."
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:14 PM
Response to Original message
10. It's a win -win situation for them,
we are the losers either way.
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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:15 PM
Response to Original message
11. I believe some people here on DU were "HAD" by Big H and Big Pharma agitprop
Kill the Bill!

It's cool!

It's progressive!

It's a "giveaway" to the Fatcat Corporatist Feudalists!

PT Barnum was right...

yup
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Irish_shark Donating Member (133 posts) Send PM | Profile | Ignore Tue Jan-19-10 08:21 PM
Response to Reply #11
24. Your reasoning has flaws
Edited on Tue Jan-19-10 08:21 PM by Irish_shark
Surging insurance stocks do not mean the Senate bill is better for them than a bill with the public option. It simply means the status quo is even better than the Senate bill.

Thus, the order goes like this, beginning with the most hated option:

1) Bill with public option (stocks surged when public option was declared dead)

2) Senate bill

3) Status Quo.

Those who wanted to kill the Senate bill didn't want the status quo, as you suggest. They wanted the House bill.
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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Tue Jan-19-10 09:54 PM
Response to Reply #24
26. Hey Irish. I get what you're saying, but I also agree with jpak's
Edited on Tue Jan-19-10 09:55 PM by MrsCorleone
observation that a lot of DUers were duped by think tankers on the internets.

However well intentioned, the backlash on HCR and Obama had a net negative effect on public support of HCR in general and the MA election specifically, IMO.

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andym Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:15 PM
Response to Original message
12. It is great news for them. They prefer no regulation
Edited on Tue Jan-19-10 07:17 PM by andym
The current bill is less preferable to them, because they are being regulated (no matter how well or poorly), which could affect their bottom line, but they do get new customers. A public option would be anathema to them.

See stock analysts' opinions for confirmation.
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=7486317&mesg_id=7486317
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:26 PM
Response to Original message
16. there's some "exit polls" fer ya.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:38 PM
Response to Original message
20. This is what Corporatocracy Looks Like !!!!
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-19-10 07:49 PM
Response to Original message
21. I thought that said "Human stock up"
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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Tue Jan-19-10 08:30 PM
Response to Original message
25. Anybody here track S&P futures? Futures down at 8:16 EST
but my console is glitchy and don't know if downdraft was meaningful. Feedback appreciated.
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