Quote:
Originally Posted by suesheboy
Since people are required to now have insurance and their customer based has increased, so will their value.
However please be so kind as to provide a link to: "Goldman Sachs is projecting 60 percent growth for the top 5 insurance companies"
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http://www.forbes.com/sites/robertle...-shareholders/
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So far in 2013 the value of the S& P health insurance index has gained 43%. Thats more than double the gains made in the broad stock market index, the S & P 500. The shares of CIGNA are up 63%, Wellpoint 47% and United Healthcare 28%. And if you go back to the early 2010 passage of ObamaCare, you will find that Obama?s sellout of the public interest has allowed the public companies the ability to raise their premiums, especially on small business, dramatically multiply their profits and send the value of their common stocks up by 200%-300%."
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Goldman Sachs research operation estimated that the
5 giants would increase profits by 10% a year from 2010 to 2019, sending their shares up
an average of 59%. In truth, the shares of CIGNA and some others are up a multiple of several times since the contest was resolved by a very tight vote in early 2010. One startling reason for this amazing performance was that Obama took off the table ?proposals to significantly reduce health care costs?
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"One of the other downsides to the supposed reform bill was the surprisingly unfair treatment of small business owners"