Biotech Values

[turtlepower]

jbog, i'm all for measured capitalism but IMO unless you are invested in an insurance company or running an insurance company it really doesn't make sense to worry about how insurance companies are going to make money. Healthcare is an expensive service thats essential to practically every american and using publicly traded companies, that have to serve their shareholders as well as their mgmt and board and therefore increase the overhead, to administer that service really doesn't make sense. The health insurance industry doesn't invent drugs or medical devices or anything else that benefits society. I do think however that the administration blaming the insurance industry in the populist manner that we've seen is silly. Better to have explained to the public that the insurance industry is hindering private investment that can be better used in other areas and introduce a public option that can co-exist with private insurance that caters to the ones who can afford it.