Follow the debate with a “wary eye,” Veda's Perlman cautioned investors. “Health-care lawmaking is difficult and change occurs infrequently. This is not a bug in the American political system, it is its design.” (Photo: Shutterstock)
(Bloomberg) –As presidential hopeful Sen. Bernie Sanders (I-Vt.) grabs headlines with his plan for “Medicare for All” and targets doing away with private health insurance, equity analysts have been working overtime to tell investors what companies have the most to lose.
Health insurers and now hospitals have led the sector-wide plunge even as policy analysts like Veda's Spencer Perlman argue that Medicare for All has a slim shot at becoming law.
With the plan moving 10 percent of GDP to public control from private hands, “it is unprecedented in scale and scope – nothing of this magnitude has ever been attempted, let alone succeeded,” Perlman argues.
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