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Health Care Stocks Jump for LieberCare Joy

6-month chart (source: Google Finance)

6-month chart (source: Google Finance)

How have the major health insurance company stocks performed since Joe Lieberman announced he’d filibuster the public option? From Oct. 27 to Friday’s market close:

Coventry Health Care, Inc. is up 31.6 percent;
CIGNA Corp. is up 29.1 percent;
Aetna Inc. is up 27.1 percent;
WellPoint, Inc. is up 26.6 percent;
UnitedHealth Group Inc. is up 20.5 percent
Humana Inc. is up 13.6 percent.

We guarantee 40 million more customers to the insurance companies, then claim it’s a good thing because the poor get a cup of coffee and a doughnut. Then we act like Lieberman did it, and claim it’s progressive change.

If this thing passes, and the corruption behind this bill becomes effectively demagogued by the GOP, I hope those fighting to pass this on behalf of the “poor” are going to enjoy wearing it.

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Health Care Stocks Jump For LieberCare Joy

How have the major health insurance company stocks performed since Joe Lieberman announced he’d filibuster the public option?  From  Oct. 27 to Friday’s market close:

Coventry Health Care, Inc. is up 31.6 percent;
CIGNA Corp. is up 29.1 percent;
Aetna Inc. is up 27.1 percent;
WellPoint, Inc. is up 26.6 percent;
UnitedHealth Group Inc. is up 20.5 percent
Humana Inc. is up 13.6 percent.

We guarantee 40 million more customers to the insurance companies, then claim it’s a good thing because the poor get a cup of coffee and a doughnut. Then we act like Lieberman did it, and claim it’s progressive change.

If this thing passes, and the corruption behind this bill becomes effectively demagogued by the GOP, I hope those fighting to pass this on behalf of the “poor” are going to enjoy wearing it.

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Jane Hamsher

Jane Hamsher

Jane is the founder of Firedoglake.com. Her work has also appeared on the Huffington Post, Alternet and The American Prospect. She’s the author of the best selling book Killer Instinct and has produced such films Natural Born Killers and Permanent Midnight. She lives in Washington DC.
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