How Goldman Sachs sees healthcare reform...

Heath care reform and guaranteeing healthcare for millions of the nations uninsured are deemed the worst case scenarios that could tank stocks of healthcare insurance companies... - according to Goldman Sachs... Yes, those same companies that could deny coverage on a whim because that acne suddenly becomes a pre-existing condition... One can trust Goldman to come up with BS like this...

A Goldman Sachs analysis of health care legislation has concluded that, as far as the bottom line for insurance companies is concerned, the best thing to do is nothing. ... What the firm sees as the best path forward for the private insurance industry's bottom line is, to be blunt, inaction. The study's authors advise that if no reform is passed, earnings per share would grow an estimated ten percent from 2010 through 2019, and the value of the stock would rise an estimated 59 percent during that time period.
The next best thing for the insurance industry would be if the legislation passed by the Senate Finance Committee is watered down significantly. Described as a "bull case" scenario -- in which there is "moderation of provisions in the current SFC plan" or "changes prior to the major implementation in 2013" -- earnings per share for the five biggest insurers would grow an estimated ten percent and the variance with current valuation would rise an estimated 47 percent. ... The study's authors advise that if no reform is passed, earnings per share would grow an estimated ten percent from 2010 through 2019, and the value of the stock would rise an estimated 59 percent during that time period.