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Senate Health Bill:Passing – Your 401(k) is Up: Why that is the case December 23, 2009

Posted by Admin in Healthonymous, huh?, Money.
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I read today that the health care/insurance stocks are at 52 year highs. And many companies are up double digits, since Senator Lieberman (Say it ain’t so, Joe!)  made his proclamation at the end of October. 

When he said he wouldn’t vote for the Senate bill if it contained a public option.

Who wrote that script?

What does that tell us? We have missed an opportunity, that’s what.  Senator Lieberman has done his job, and has probably made millions on the side. For those of us that have 401(k) plans, they will also have a great 4th quarter, no doubt. We will need the money because, according to another item I read today, we will all need at least $250,000 for health care costs for after we turn 65!

Well, it is not what we all thought about, misty eyed, last January, is it? As I heard one Senator say yesterday, we have changed the culture and the expectations around health care in this country. I hope they are correct!

But we need to do more than hope. Action is virtually free. This issue needs to stay on our minds and in our emails, op-ed’s and Facebook pages all through the 2010 elections.

Expect better! (FF)

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