Chicago Mercantile Association: Certain market data is the

Warren Buffett and his two friends just spooked health care stocks

They didn’t offer many details, but investors swiftly punished traditional health care companies anyway because of fears that the new venture could disrupt the industry.Top insurer UnitedHealth (UNH) fell 3%, helping drive a more canada goose outlet boston than 300 point drop in the Dow. Two other big insurers, canada goose outlet vancouver Cigna (CI) and Anthem (ANTM), dropped more canada goose outlet seattle than 5%. Aetna (AET) buy canada goose uk and Humana (HUM) were each down about 3%.Drug store giants CVS (CVS) and Walgreens (WBA) both declined more than 4%. Pharmacy benefits manager Express Scripts (ESRX) canada goose outlet nyc plummeted nearly 7%.The canada goose outlet factory clear worry: The alliance of Buffett, Amazon CEO Jeff Bezos and JPMorgan Chase’s Jamie Dimon is only the beginning of big changes for the insurance business.”This is the start of a restructuring of the health care industry. This could be the catalyst for something bigger,” said Chuck Self, chief investment officer with iSectors. “It’s canada goose outlet website legit part of the canada goose jacket outlet Amazon ization of the nation, but it’s now clearly more than just Amazon.”Related: Bezos, Buffett and Dimon want to fix health careIn some respects, canada goose outlet houston the entry of big new corporate players into health care canada goose outlet online reviews could canada goose outlet store near me be more disruptive than Obamacare ever was or President Trump’s efforts to neuter it.But other analysts wondered whether the market was overreacting.It’s unclear just read this what Berkshire Hathaway (BRKB), Amazon canada goose outlet phone number (AMZN) and JPMorgan Chase (JPM) plan to offer their employees and how regulators will respond.”Considering the regulatory burden around every aspect of healthcare any new entrant in the space is at a huge disadvantage,” Moody’s vice president Mickey Chadha wrote in a report.Big insurers, pharmacies and drug distributors “already have large scale,” Chadha said. That allows them to negotiate for better drug prices with pharmaceutical giants.What’s more, some of the big health care https://www.canadagooseoutletcanada.ca companies are getting even canada goose outlet 2015 bigger and more deals could be on the canada goose outlet hong kong way after CVS agreed last year to buy canada goose outlet mall Aetna for $69 billion.That merger has led canada goose stockists uk to speculation that other insurers could be a good fit for Walgreens as well as Walmart (WMT), which operates a canada goose outlet in uk lucrative pharmacy business.So even though the threat from a Berkshire Amazon JPMorgan partnership is formidable, health care’s leading players aren’t exactly tiny companies that will roll over easily in the face of new competition. CNNMoney’s Matt Egan contributed to this report.CNNMoney (New York) First published January 30, 2018: 12:13 PM ETContact UsClosed CaptioningSite MapMost stock canada goose outlet legit quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: 2018 Morningstar, Inc. Factset: FactSet Research Systems Inc.2018. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Dow Jones: The Dow canada goose outlet washington dc Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of canada goose outlet store calgary S Dow Jones Indices LLC and have been licensed for use to S Opco, LLC and CNN. Standard Poor and S are registered trademarks of Standard Poor Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices S Dow Jones Indices LLC 2018 and/or its affiliates.

canada goose clearance sale

canada goose

Canada Goose Online

canada goose coats

Canada Goose Outlet

Canada Goose sale

canada goose coats on sale

Canada Goose Jackets

cheap canada goose uk

Canada Goose Parka

Canada Goose Coats On Sale

uk canada goose outlet

Canada Goose online

canada goose uk black friday

canada goose uk outlet

6 Comments

  1. SannyLah
    11 December 2018

    Nice posts! 🙂
    ___
    Sanny

  2. SannyLah
    16 December 2018

    Look my site is good
    ___
    http://davesdevotional.org

  3. SannyLah
    27 December 2018

    Look my site is good
    ___
    http://afcmarseille.com

  4. AndyLah
    28 December 2018
  5. look at this site
    18 April 2020

    I just want to say I’m new to blogs and certainly loved your web site. Most likely I’m likely to bookmark your blog . You definitely have impressive article content. Cheers for sharing your blog site.

Leave a Reply

Your email address will not be published.

Scroll to top