Sunday, June 21, 2015

Illinois 7 Largest Health Care Company Stock Market Prices Up 7 Times Since March 6, 2009 Under ACA ..... If US Supreme Court Rules To Eliminate Premium Subsidies in 34 US States, a Very Significant Portion of US Citizen Wealth Appreciation Will Be Reversed

From a very thorough review of SEC filings and the Google Finance Website, I found 7 Health Care Companies headquartered in the State of Illinois with Stock Market Capitalizations of at least $1 bil now and which also have had their common stocks trading from December 31, 2007 through the most recent date June 19, 2015.

These 7 largest Illinois Health Care Companies have seen their equal-company-weighted average stock market prices increase by a very impressive 709% for the six years and three and a half months from March 6, 2009 through the most recent date June 19, 2015.

The US Supreme Court is finalizing its position on King vs Burwell.  If it rules to eliminate health insurance premium subsidies in 34 US States, the economic result on US Citizen Stock Market Portfolios will be a huge haircut, especially since just these 7 largest Illinois Health Care Companies presently have a Total Stock Market Capitalization of $242 bil buoyed by the many additional health care customers in the Health Insurance Exchanges under the ACA, coupled with the fact that the average stock market price appreciation of these 7 largest Illinois Health Care Companies has been 7 times since March 6, 2009.

It should be pointed out that the above Total Stock Market Capitalization of $242 bil excludes AbbVie whose Current Market Cap is $111 bil.  AbbVie was separated from Abbott Labs in June 2014 and its stock price opened then at $53.76.  Its stock now trades at $69.48.

Below here are stock market prices on the most recent date June 19, 2015 and on March 6, 2009 for these 7 largest Illinois Headquartered Health Care Companies, along with the related Stock Market Price Percentage Changes.  The Companies are presented by Stock Market Capitalization:



% Change

Market Market 3-6-09

Price Price to
Health Care Companies HQs 6-19-15 3-6-09 6-19-15

$s $s

Walgreens Boots Alliance Deerfield IL         88.52         22.09 301%
Abbott Laboratories Abbott Park IL         49.89         22.44 122%
Baxter Intl Deerfield IL         69.41         51.92 34%
Catamaran Lisle IL         61.10           5.01 1121%
Hospira Lake Forest IL         88.32         22.21 298%
Akorn Lake Forest IL         47.52           1.53 3006%
Allscripts Healthcare Solutions Chicago IL         14.17           7.93 79%

Average % Change all 7 Illinois Health Care Companies With Market Cap > $1 Bil