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Florida Health Insurance Expert Reacts to Stock Declines

After Obama’s address to the nation last Tuesday night, stocks for major health insurance companies have dropped somewhat drastically. Obama’s attack on Medicare and his promise to reduce fraud and target overspending on the federally sponsored program has had a backlash on insurance companies which provide Medicare Advantage plans. Obama has made no secret about his thoughts on private insurers being uneccessary and wasteful middlemen in the Medicare arena. Florida Health Care expert Morgan Moran feels that Obama’s actions mean bad news for insurance companies and stock holders, but good news for America citizens. He predicts that these events are the first in a long journey to drive prices down and make insurance both more affordable and more easily accessible. Read more about it here. Do you agree with Moran?

This entry was posted on Monday, March 2nd, 2009 at 11:41 am and is filed under Florida Health Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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