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Валгрин Ко. Message Board

  • robbsbeach robbsbeach May 8, 2012 8:53 AM Flag

    Battle on the Hill for the Pill:

    Politics and healthcare spending are in a heated contest for legislation laws in Washington DC.
    Proposed legislation HR 1971 was introduced to offset the PBM controls on Drug spend.

    This is a must read:
    http://www.govtrack.us/congress/bills/112/hr1971/text

    This legislation has some good and bad points for Us the investors in the Market.
    As most of us are aware, healthcare spending is projected by the CBO to consume 20+% GDP in the next few years.
    This spend will effect all sectors of the US Stock market, currently it is below 18%.
    Walgreens, Rite Aid and Independent Rx Business support this legislation and the PBM/Employer groups oppose it.

    GLTA

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