Health Insurers’ Shares Rise on News: Surprise, Surprise

Shares of health insurers, which have been climbing for days as the public option looked less likely, rose again today. The Standard & Poor’s 500 Managed Health Care Index gained as much as 1.8 percent, led by Hartford, Connecticut-based Aetna Inc., which rose as much as 3.1 percent.

via Obama Says Senate on ‘Precipice’ of Health-Care Bill Update1 – Bloomberg.com.

The vaunted Healthcare Reform Bill is really nothing more than a Health Insurance Reform Bill, and the one thing it really does make sure of is that health insurance companies will get more customers, and most of them will be healthy ones, and thereby highly profitable one to boot.

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