Kathleen, Not only looked at it, I owned shares for a few months. In general, I HATE HMOs (Hurry Me Out the door). I think they are one more sign that our vaunted growth and prosperity has, in a great many ways, given us a worse life than the less "prosperous" earlier decades.
Anyway, Oxford was one of the best of a bad lot and when they all got creamed a few years back with the Billary proposal, I bought them, Columbia, and UNH. Longer term, either rational pricing for doctors and the elimination of their anti-dumping scam (closing down medical schools to hold down supply, etc.) or national health is the only answer. I think HMOs can fit well into either scenario, and would buy the better ones cheap. Oxford is getting there, but not there yet, IMHO. MB |
