Daily Archives: 22 March 2010

Health stocks outpace market after reform passes

The S&P Health Care Sector index .GSPA opened about 0.8 percent higher, outpacing the broader market, after the House of Representatives gave final approval to a sweeping overhaul late on Sunday night. (Read more from Reuters.com)

Many of my so called Liberal friends adopted the narrative that this legislation was a courageous stand by brave Democrats against the evil, greedy insurance companies. In fact, this legislation further entrenches the established insurance companies.