Health and Healthcare
Health Care Companies Play Let’s Make A Deal (CI, AET, HUM, UNH, WLP, CVH, THC, HLS)
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Managed health care company stocks are rising Tuesday despite press reports that hospitals will contribute $155 billion over 10 years toward insuring the nearly 50 million Americans who do not have coverage.
The cuts would largely come from the amount the insurers receive as reimbursement from Medicare and Medicaid.
Shares of Cigna corp. (NYSE: CI), Aetna Inc. (NYSE: AET), Humana Inc (NYSE: HUM), and UnitedHealthGroup Inc (NYSE: UNH) each are up more than 4 percent in early trading, with shares of WellPoint Inc. (NYSE: WLP) and Coventry Health Care Inc. (CVH) also on the rise.
Read more at BioHealth Investor….
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