Sirotablog

David Sirota's online magazine of news & commentary
(Reader comments now accepted at Working Assets)

Friday, July 15, 2005

Will $80 Million Make Frist Care About the Uninsured?

NY Times writer Dan Gross notes that the stock of hospital conglomerate HCA took a giant hit yesterday. Why? It reported that its earnings would disappoint because of an unexpected rise in uninsured patients it treated. Why is this important? Becaue HCA was founded by Sen. Bill Frist's family, which still owns about 17 million shares of the company. Here's the question: will Frist now show some interest in expanding health insurance coverage and preventing cuts to Medicaid now that his family is $80 million poorer?

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