Arbo
09-20-2013, 12:34 PM
http://www.reuters.com/article/2013/09/16/us-usa-healthcare-investors-idUSBRE98F0WK20130916
The expectations of the investors - hedge funds, institutional clients and other investors surveyed by Citigroup, 56 in total - fall far short of a Congressional Budget Office forecast that 7 million Americans will seek subsidized health coverage through the online exchanges. Starting on October 1, Americans have six months to enroll for coverage in 2014.
The progress of enrollment is being closely watched by Wall Street, as the coverage means new paying customers for insurers and hospitals.
Citigroup analysts Gary Taylor and Carl McDonald called the investor projections "modest."
"We are optimistic that final 2014 enrollment will exceed low expectations, propelling" healthcare provider stocks, such as hospitals, the analysts wrote in their report. "Accordingly, we'd be aggressive buyers if initial enrollment is disappointing this fall."
Of the 4 million expected by investors to enroll, 2 million to 3 million are projected to be previously uninsured, according to the survey. The CBO projection includes 4 million previously uninsured people signing up and 3 million enrollees who had been covered through either employer or individual plans, according to the Citigroup note.
Wait, what happened to the 20+ million? Does this mean that 16+ million will have to pay the fine for not having healthcare?
And I think the bold get's to the real heart of the matter, big government helping big business (that funds their campaigns) make more money. It has nothing to do with actually reducing costs... And of course big business doesn't care that most of the money will come from re-distribution of funds from the productive to the non-productive.
The expectations of the investors - hedge funds, institutional clients and other investors surveyed by Citigroup, 56 in total - fall far short of a Congressional Budget Office forecast that 7 million Americans will seek subsidized health coverage through the online exchanges. Starting on October 1, Americans have six months to enroll for coverage in 2014.
The progress of enrollment is being closely watched by Wall Street, as the coverage means new paying customers for insurers and hospitals.
Citigroup analysts Gary Taylor and Carl McDonald called the investor projections "modest."
"We are optimistic that final 2014 enrollment will exceed low expectations, propelling" healthcare provider stocks, such as hospitals, the analysts wrote in their report. "Accordingly, we'd be aggressive buyers if initial enrollment is disappointing this fall."
Of the 4 million expected by investors to enroll, 2 million to 3 million are projected to be previously uninsured, according to the survey. The CBO projection includes 4 million previously uninsured people signing up and 3 million enrollees who had been covered through either employer or individual plans, according to the Citigroup note.
Wait, what happened to the 20+ million? Does this mean that 16+ million will have to pay the fine for not having healthcare?
And I think the bold get's to the real heart of the matter, big government helping big business (that funds their campaigns) make more money. It has nothing to do with actually reducing costs... And of course big business doesn't care that most of the money will come from re-distribution of funds from the productive to the non-productive.