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Private Cos to Help Reform Healthcare – Analyst Blog

Zacks Market Commentaries (May 12th, 2009) Writes:
Highlights include WellPoint, Inc. (WLP), Humana Inc. (HUM), Coventry Health Care, Inc. (CVH), Health Net Inc. (HNT), Molina Healthcare, Inc. (MOH), Amerigroup Corporation (AGP) and Aetna Inc (AET).The private sector is now partners in healthcare reform.Key healthcare stakeholders met yesterday with President Obama to pledge their support in slowing the rising cost of healthcare over the next decade.  In a letter addressed to the President and signed by the American Medical Association, the Service Employees International Union, and the main trade groups from the drug, hospital, medical-device and health-insurance industries, healthcare industry representatives vowed to stem the rate of increase in future health and insurance costs by 1.5% per year for the next 10 years, or approximately $2 trillion.Although lacking detail, the letter did propose a co-ordinated industry effort in developing strategies toward the following: administrative simplification ...

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