That's quite an argument : "divide and conquer".
Giving the employees many more options is not exactly "telling its employees to go find their own medical plan". Employees now get to tailor the wider variety of plans to their own economic situation, instead of Walgreens just saying---you have only 2 choices, take it or leave it.
You're not terribly bright, are you?
WAG management is telling its employees to go find their own medical plan. Rather than employ a divide and conquer strategy, why doesn't management really help its employees by being more proactive to reduce its medical costs? Medical payers (corporations, insurance companies, and public pension funds), must start telling doctors and hospitals which tests to use to lower medical costs (yes, medical costs can be lowered). And Congress must give Medicare the authority to tell doctors which tests to use to lower its medical costs too. Currently, we are acquiescing to the medical field. They should be serving us, not the other way around.
I cheer CVS because it was $30 when you started bashing it and it's $60 today and it is still ahead of WAG
This loser cc43578 AKA jrarnp20032000 is the biggest RAD basher on the CVS and WAG board
I hope he lost a ton of money shorting it like he did shorting CVS
RAD UP 250% since cc43578 said DONT BUY IT
CVS up 100%
You have no argument
LOL This has to be the only guy who will cheer when his own stock goes down every single day. You're quite the investor. LOL LOL LOL
I am starting to lose faith in your bashing abilities
Between you failed bashing of CVS since the $30's and your failed bashing of RAD under $2 it's getting obvious that YOU S%CK!!
Yeah, I admit it. I thought this quarter would do them in. Turns out it did not.
But, just like the tech bubble in the late 90's, RAD's run-up cannot be sustained with poor sales comps. At some point, you can no longer squeeze additional earnings out of decreasing sales.
Surprising, unaudited earnings comps can be a boon for share prices, but the underlying sales problems aren't going away. While smart investors will take the money and run, others will bask in their success and project future glory while getting the rug pulled out from under them.
Looks like you were wrong
The stock is up 16% today on earnings
at least now, WAG employees will have greater choice. I hate the ACA and what it is doing to tis economy but letting employees have a greater choice among insures competing for business is a good thing. Will costs go up? you better believe it. There is no incentive with in the health care industry to lower costs. Throw in 10,000 pages of new regulation, and you have a huge quagmire that can only increase costs
Just wait until the following year, when the costs on the exchange go way up, and Walgreen's contribution remains the same. Hey, but you voted for Obama.
Sounds about right. The amount of money given is supposed to be the same they provided last year and will probably pay for 1/2 to 2/3 of your healthcare bill depending on the state and plan chosen.