Tuesday, January 21, 2014

10 Largest US Health Insurance Corps Average Stock Prices Down 64% Due to Financial Meltdown, Then Up 345% Under Obama and the US Fed

I found 10 US Health Insurance Corps with current Total Market Capitalizations of at least $1 bil each and which also had their common stocks trading on each of the following three dates: on December 31, 2007 during President Bush's second term, on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also on January 17, 2014.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 10 largest US Health Insurance Companies had their average stock prices drop by a massive 64% from December 31, 2007 during President Bush's second Presidential term, and very early in President Obama's first term, or on March 6, 2009, which was these US Health Insurance Companies' very lowest point from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 10 largest US Health Insurance Corps have increased by a very impressive 345% through January 17, 2014.

Clearly, the investors in and employees of these 10 US largest US Health Insurance Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.  Also, this industry is a major beneficiary of the Affordable Care Act.

Below here are the market prices of each of these 10 largest US Health Insurance Companies on January 17, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 17, 2014: 






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Health Insurance Company HQs
1-17-14 3-6-09 12-31-07 1-17-14 3-6-09







WellCare Health Plans Tampa FL       70.24        6.64       42.41 958% -84%
Cigna Bloomfield CT       89.46       13.44       53.73 566% -75%
Humana Louisville KY       96.57       19.54       75.31 394% -74%
UnitedHealth Group Minnetonka MN       72.52       17.90       58.20 305% -69%
Centene St Louis MO       61.72       15.50       27.44 298% -44%
Aetna Hartford CT       70.16       20.22       57.73 247% -65%
Molina Healthcare Long Beach CA       37.63       11.43       25.80 229% -56%
Health Net Woodland Hills CA       32.89       10.93       48.30 201% -77%
WellPoint Indianapolis IN       85.49       31.41       87.73 172% -64%
Magellan Health Services Avon CT       60.14       32.84       46.63 83% -30%








Average % Change all 10




345% -64%