As it stated in And by the sound of things, Trump doesn’t understand the reality of why our health insurance system is a mess.
At least, without recourse to “alternative facts.”“Great meeting with CEOs of leading U.S. health insurance companies who provide great healthcare to the American people,” Trump tweeted after his big summit with health insurance honchos.
The CEOs of the leading health insurance companies do just three things: They collect our money.
Last year, $130 billion of your private health insurance money was spent — wasted, mostly — on administrative costs.
Health insurance is money in and money out.
Conservatives rebel on health care, and GOP looks to Trump
as declared in Her firm is long ANTM, BAC, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, MOH, PLCE, SPY puts, WIFI, her firm is short IWM, MDY.
Karen is long AAL, BAC, BAC short calls, C, DAL, FB, FL, GLMP,, GOGO, GOOG, GOOGL, JPM, URI, LYV, KORS, KORS calls, KORS puts, MA, SEDG, SPY puts, TACO, WIFI long call spreads.
After health care CEOs had a meeting at the White House on Monday, the “Fast Money”traders picked health insurers as their stocks to trade within the health-care space.
Trader Karen Finerman said she like Anthem because the company is performing well on many points and the insurance industry is way less volatile than biotech.
The IBB index, a key measure of biotech performance, is up 12 percent year-to-date and was $298.27 at the close.
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