Brian Sassi

If the health care debate is a boost to Wellpoint, why is their management dumping stock?

Wed, 08/19/2009 - 9:22am — DCblogger

Insurer's stock jumps after doubts arise on government health insurance proposal

WellPoint's stock price surged as the prospects for a new "public" health insurance plan appear to be fading.

Shares of the Indianapolis-based health insurance giant rose Monday -- a down day for the broader market -- in reaction to recent comments from the Obama administration that a public plan is not essential to health-care reform.
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Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

-- Bob Somerby

The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.

Medicare for All would save $350 billion a year (study in New England Journal of Medicine).

In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.

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13:57:03 brucedixon I think my colleague Glen Ford is writing on it this week in BAR so I will just co-sign whatever he says.
22:03:36 Valley Girl I'd sure like Bruce Dixon's take on the Conyers comments. Just emailed him.
21:03:43 lambert Thanks, Jeff.
18:16:03 Jeff W lambert, I wrote to NOW about that Elizabeth Warren video not playing and got a response of sorts back, which I sent to you as a private PM. Just FYI.
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00:18:34 lambert One more study... [url]
23:57:37 lambert Joe Bageant is god. [url]
01:00:54 lambert The actuary was a whistleblower under Bush, too. [url]
00:47:48 hipparchia that's ok, jason stands ready to help smear the actuary quoted in that wapo article [url]
23:16:16 lambert Elders under the bus on Medicare, naturally. [url]
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02:24:14 Jeff W Elizabeth Warren on the economy on PBS's NOW: you can watch it online here: [url] "If [Congress] gets it wrong, the country we knew is gone."
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