Wayne Deveydt

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.
Advertisement

Read more…

DCblogger's blog
Login or register to post comments

Help Corrente ...

... keep the heat on!

Subscribe to make a monthly payment and keep the hamsters who keep the mighty servers turning in kibble.

No PayPal Account required! Thank you!

Search

Today in Health Care Reform

Recent blog posts

Tough, but survivable year
7 min 17 sec ago
Thanks very much...
10 min 49 sec ago
And money in the Hamster fund
14 min 11 sec ago
Fixed, thanks
1 hour 37 sec ago
I'm reading
1 hour 11 min ago
What is this "pacing of dishes"
1 hour 19 min ago
Well, go do it
1 hour 58 min ago
I know
2 hours 39 min ago
The one that you pick and post!
2 hours 48 min ago
Read all the way to the end
2 hours 54 min ago

I support Americans United for Separation of Church and State.

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.

* Medicare For All.

Random Links

[Advertising]

Pitchforks for sale!

Contact lambert_strether [dot] corrente [at] yahoo [dot] com (lambert strether) for all your pitchfork needs.

Chat box

11:47:14 lambert Happy Thanksgiving in chat, too!
18:12:59 lambert Simple answers to simple questions: Yes.
18:00:47 BDBlue That's true on healthcare, but I was talking about the Fed bill. When the WH surrogates try to water it down, will the blogs fall in line?
16:32:33 lambert They'll pass something, anything. They need to declare victory.
15:40:03 BDBlue Re VL's post on the A-list, it will be interesting to watch the discussion of the bill on the blogs as the WH inevitably tries to kill it via various surrogates. Will we see the veal pen in action? And I agree this bill is potentially huge.
13:36:52 lambert Agree on Ron Paul and the Fed.
13:23:52 brucedixon interesting.... Glen tells me that neither the fake "jobs summit" nor the familiar wailing of conyers about his being disappointed with the prez are the big story. the most important thing happening in DC right now is the Ron Paul bill which wd require the Fed to be audited.
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.
02:28:28 hipparchia the first thing they told us my volunteer training: humans are natural born rescuers.
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]
20:11:01 lambert 19:49:09 +100
20:10:18 lambert Capitalism in a world where we will throw as many taxpayers under the bus as necessary....