Health care was once considered to be one of the most stable sectors of the U.S. economy, with demands for products and services fluctuating little during various phases of the economic cycle. But recent events in Washington have brought increased scrutiny and volatility, as the Obama administration’s health care reform has investors questioning the future of health care ETFs. Many of the long-term impacts of reform are still unknown. The bill will most certainly have an impact on health care insurance issuers; nearly 30 million new customers could translate into more revenue. But companies will likely also have to accept those who have pre-existing conditions, which could turn out to be a drag on profitability (see An Unlikely Winner From Health Care Reform). [click to continue…]
Healthcare reform has been in the news a lot lately, with constant finger-pointing, debate, and competing versions of comprehensive bills. Although the passage of comprehensive reform appears to be less certain that it was only weeks ago, it remains likely that major changes are coming before the end of the year. While many specifics are [...]
by Andy H on April 26, 2009 | Updated May 14, 2009
Obama administration officials have today announced that students at a New York City high school were sickened by the same strain of swine flu that has killed people in Mexico, adding to fears in the U.S. after cases in Texas, California, and Kansas. There are now 20 confirmed cases of the deadly flu in five [...]