Summary
Alliance had a giant drop in earnings.
Analysis
HCC bought Alliance's HMO Re unit a couple of years ago, and there is no fundamental reason anyone should think HMO's are more attractive than the myriad of high deductible health plans options. In fact, it is not uncommon for HMO's to price more expensively then PPO! -
This author consults with leading institutions through GLG
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
