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By the way, what happened to the healthcare bill?



January 28, 2010 – Comments (5)

In 1984, an official who fell out of favor would become an "unperson". Ever since the Mass election, the healthcare bill has been an "untopic." All of a sudden, we are at war with Eastasia, sorry, I meant, with the big banks. It's not bad news at all if obamacare is temporarily off the table, but why then is UNH going up? The market is not sufficiently bright to realize that Republicans will introduce the same bill next year under a different name. Health stocks need to pull back now.

5 Comments – Post Your Own

#1) On January 28, 2010 at 8:24 PM, FleaBagger (27.51) wrote:

Health insurance companies and drug companies are going to be the big winners with Obamacare and/or Republicare (am I the first one to coin that?).

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#2) On January 28, 2010 at 8:38 PM, starbucks4ever (91.97) wrote:

Republicare! I absolute love that one!

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#3) On January 28, 2010 at 9:45 PM, selfdestruct2 (25.98) wrote:

After 2012 we can refer to it as Republicare.

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#4) On January 29, 2010 at 8:52 AM, lemoneater (57.13) wrote:

Republicare sounds distopic.

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#5) On January 29, 2010 at 11:32 AM, leohaas (30.15) wrote:

One rec for Flea: Republicare! Just one question: what would that be: "Everyone for himself, and God for all!" I assume...

Considering the Mass election, the healthcare bill is dead. No doubt many here are happy Obamacare went the same way as Hillarycare.

What this means for UNH is unclear to me: one can argue that Obamacare would have been good for UNH ("all those new customers, subsidized by the taxpayer)" or that it would have been bad for UNH ("Obamacare will ultimately destroy all health insurance"). Not sure which it is (don't bother responding, because it is all speculation; and you should know by now CAPS is not the place for speculation).

Disclosure: long UNH at the time of writing.

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