HMO Stocks Fall on Medicare Advantage Worries---What Took So Long?

HMOs that play in the Medicare Advantage world fell on Wall Street last week on worries that the Democrat Congress has the power to end the industry's generous payments.

Well, what took so long?

Of course the Medicare Advantage payments are going to fall when the Democrats get around to the budget this fall.

For the complete story on why you can see my earlier post on this.