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Locate a news story that summarizes the proposed Obama Health Plan and the impact it may...

Locate a news story that summarizes the proposed Obama Health Plan and the impact it may have on the pharmaceutical businesses.

Summarize the article. 500 words

no plagiarism please no bullet points

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Answer #1

Obama healthcare plan also called affordable health care plan . The plan emphasised more on preventive care by adoption of more of screening tests and preventive measures like vaccination. It also stresses on coverage of preventive measures. Preventive measures are mainly based on supplements and vaccination. This preventive tilt will benefit pharmaceutical industry as to keep runing insurance business Since insurers have to pay for their businesses with 80 percent medical-related products and procedures,. they will have to purchase the latest medical treatments and large amount of people will buy pharmaceutical products. Pharmacy stocks will hike as insurance and medical procedures are requirement of government.

People who invest in the medical industry are likely to see a large income hike on their stocks from the new medical insurance plan.

As in proposed plan, more of americans are intended to be covered under insurance so people who tend to avoid hospitals will visit now . So use of medical services will increase and the potential is there to have increased cost of pharmaceuticals.

overall there is going to have positive impact on pharmaceutical industry

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