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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.08-2.7%Nov 14 9:30 AM EST

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To: Anthony Wong who wrote (3976)7/7/1998 12:15:00 AM
From: flickerful  Read Replies (1) of 9523
 
anthony...

thanks for posting the cover story...
it is well worth reading, even beyond its
redemptive spin on the plainly tightfisted
motives behind viagra cost-denying
insurers...
PFE will enjoy
a positive backlash, along with others
no doubt.

an excerpt...( be careful
you wish for may be the moral here):

What most folks didn't realize was that if government didn't do it, somebody else would. That somebody turned out to be America's employers, working hand-in-glove with the insurance companies. Today 85% of all insured employees--up from 53% five years ago--have moved out of traditional fee-for-service plans, in which doctors call the shots and insurance companies pay the bills, and into managed-care plans, including health-maintenance organizations, or HMOs. Almost every aspect of medical care provided by HMOs is second guessed--not by the government, not by Hillary, not even by doctors, but by the bean counters.

thanks again,
randy
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