[Bob Wenzel on the Obamacare connected and pending disasters.]
In
response to the Supreme Court decision in favor of
Obamacare subsidies, which will benefit the crony healthcare system, crony healthcare
insurance and provider stocks surged today.
Hospital stocks soared 13.19% and HMOs climbed 6.88%. Large cap pharmaceutical company stocks, and generic drug manufacturer stocks were up fractionally.
Aetna closed up 3.99%, United Health +2.65%, Cigna +2.43%, Humana +7.13%, Universal Health +7.73%, Community Health Systems +12.97% and HCA Holding +8.82%.
In contrast, the market overall was down today:
Hospital stocks soared 13.19% and HMOs climbed 6.88%. Large cap pharmaceutical company stocks, and generic drug manufacturer stocks were up fractionally.
Aetna closed up 3.99%, United Health +2.65%, Cigna +2.43%, Humana +7.13%, Universal Health +7.73%, Community Health Systems +12.97% and HCA Holding +8.82%.
In contrast, the market overall was down today:
Younger, healthier workers will have to subsidize older, sicker workers. This should be fun to see how this will play out. I can imagine muggings by young people of the elderly. Just because. Obamacare is a dangerous policy. Can also imagine older workers a lot more expendable.
