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S&P Labels Health Care Negative

Standard & Poors rating of the health insurance industry was changed from stable to negative, predicting that companies will be most likely downgrading in the near future. The rating also reflects a slumping economy and increased competition. Both Aetna and Cigna reported a drop in income, which hurt stocks last week. How do you think the outcome of the election will affect the outlook of the health insurance industry?

This entry was posted on Tuesday, November 4th, 2008 at 12:23 pm and is filed under 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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