News emerged over the last few days that the U.S. Senate seat...
Posted Jan 19 2010 9:25am
Public Health Insurance Companies
Public Hospital Companies
News emerged over the last few days that the U.S. Senate seat formerly held by Ted Kennedy could very possibly go to a Republican in today’s election. That would mean the Democrats, who have needed all 60 of their Senate votes to pass health reform legislation, would be down to 59 seats.
While that doesn’t mean the end of health reform, it certainly would have repercussions. The outcome of the Massachusetts election will make the next 30 days very interesting.
You can tell from the graphs above how Wall Street feels: no health reform = good for insurance companies and bad for hospitals. No opinion from me here, just something interesting to note.