If a Universal Healthcare is passed (in the U.S.), should I invest in drug/medical companies?

If a Universal Healthcare plan is passed with the next president of the U.S., does that mean that drug & medical companies will grow significantly (with over 40 million people newly receiving insurance), and if so, does that mean I would be wise to make investments in that industry?

I'm pretty naive about this stuff, in fact I'm not even sure if there will be a link between U.H.C. and a massively growing medical industry. Just wondering.

I would say no. Like the poster above me, the industry will be regulated meaning that profits for these companies will probably have a maximum to how much they can make.

I really don't think that universal healthcare will pass. People want it, but no one wants the increase in taxes. Shoot man! I don't want universal health care! I work for my money and if I needed a heart transplant, I want the insurance I paid for to put me in front of the line! Universal healthcare will put me behind crack heads and bums.

it likely would mean that the prices the companies can receive will be controlled by the government to keep the cost down which would depress their earnings so the stocks would go down.

on the other hand, their PEs are already down just from investors listening to the Democrats blather about UHC.

so you have to make an educated guess.


GL

Probably, the government likes to over pay for virtually everything so the prices that drug companies can charge will go through the roof. They voted down a proposal to allow the government to haggle with drug companies and instead be forced to pay whatever the companies want.