0bamaCare Repercussions: Health Ins. - Not Worth The Risk (healthcare, death, revolution)
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And the destruction from Barack "Wrecking Ball" 0bama's thousands of pages of signed/unread legislation is only starting to show up.
NEW YORK - U.S. health insurers are not worth the long-term investment risk in the wake of the new healthcare reform law, according to brokerage Edward Jones.
"We are concerned that market structure changes, profit limitations and rebates, and ever-present political/regulatory pressures will negatively impact future profit growth and more than offset the anticipated influx of newly insured members," Edward Jones analyst Aaron Vaughn wrote in a report.
"The risk/return for the industry overall is not attractive for individual investors, and that's who we're focused on for the long term," Vaughn said.
Avoid U.S. health insurers after reform, brokerage says (http://www.cnbc.com/id/38523381 - broken link)
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
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Quote:
Originally Posted by Wapasha
And the destruction from Barack "Wrecking Ball" 0bama's thousands of pages of signed/unread legislation is only starting to show up.
NEW YORK - U.S. health insurers are not worth the long-term investment risk in the wake of the new healthcare reform law, according to brokerage Edward Jones.
"We are concerned that market structure changes, profit limitations and rebates, and ever-present political/regulatory pressures will negatively impact future profit growth and more than offset the anticipated influx of newly insured members," Edward Jones analyst Aaron Vaughn wrote in a report.
"The risk/return for the industry overall is not attractive for individual investors, and that's who we're focused on for the long term," Vaughn said.
Avoid U.S. health insurers after reform, brokerage says (http://www.cnbc.com/id/38523381 - broken link)
Good! Hopefully they will all go broke and we can finally get a decent public system here.
This is billboard material, commercial material, and newspaper material. The GOP should play this talking point to death. I have a feeling it would resonate quite well.
Hmmm... ever wonder WHO owns insurance company stocks, or any other stocks for that matter? Do you have a pension plan or a 401k, Kev? If so, you are very likely to be a stockholder.
Read the following article. It's a pretty basic explanation of how this works, but you'll get the idea:
"This shift of business ownership from rich people to working people may be the greatest economic transformation since the Industrial Revolution. ...So what does all this mean? Well, for starters, it should lead to an end of complaints about the profits of corporations and allegations about 'greedy corporations.' After all, much of that profit now goes toward the current and future retirement incomes of working people." Business Ownership & Labor Day
If you contribute to or benefit from a 401k, pension fund, mutual fund, annuity, or whole life insurance policy, you're very likely a shareholder of this or any other company, including health insurance companies.
Why should health insurance be a profitable business? Good health should be everyone's right, not just those that can afford it.
When are you people that have been living off others need going to give it up?
And why should grocery stores be a profitable business? Or clothing stores? Why should companies profit by providing us food, or clothing, or shelter: why are homebuilders allowed to make a profit? It's the 21st century--don't we all need cell phones? Why should there be any profit in that? And with all our worrying about how "others" are out to get us, we need entertainment provided by non-profits to ease our anxiety and improve our health.
Oh, wait a minute...profit was the motive force behind the greatest, most prosperous society on the face of the earth in all of history. Never mind.
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