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Since last Tuesday, when UnitedHealth Group (UNH)’s discussion of Medicare-for-All spooked investors, health care stocks have dropped 5%, while the market was almost flat over the same time period.
In our opinion, there is a good reason for healthcare investors to be fearful. We will go over why and what health care funds might be hit the hardest.
US Healthcare is Expensive
It’s no secret that health care in the US is very expensive. Indeed, the US spends about twice as much on a per capita basis on health care as other developed