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progress2k12nbynd

(221 posts) Thu Jun 28, 2012, 12:38 PM Jun 2012

Happy about the huge win but wish I'd thought of buying for-profit healthcare stock yesterday...

HCA, based out of Nashville and the largest for-profit healthcare operator in the world, is hovering between 8-10% up on the same day that all the major indices are being killed.

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Happy about the huge win but wish I'd thought of buying for-profit healthcare stock yesterday... (Original Post) progress2k12nbynd Jun 2012 OP

The market is split however between health care providers and insurers Swede Atlanta Jun 2012 #1

Swede Atlanta

(3,596 posts)

1. The market is split however between health care providers and insurers

Reply to progress2k12nbynd (Original post)

Thu Jun 28, 2012, 12:50 PM

Jun 2012

Health care providers are trading up but health insurance companies are trading down by the same kinds of margins.

I guess the fact the insurance companies must now actually provide health coverage is expected to eat into profits. Further the law has no effective means of enforcement for the mandate. So younger and healthy Americans may find it better to forgo getting insurance either paying the "tax" or ignoring the "tax" since the IRS cannot levy, lien or garnish and cannot come after you on criminal charges either.

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