The news reported on a number of corporations that could benefit should any of President Bush’s domestic proposals. And who should make the list for his health insurance tax credits targeted to help the private sector?
The health care taxation plan is the most appealing to the private sector, analysts said. The second part of the provision aims to curb health care spending by taxing any benefits over the $7,500 and $15,000 marks, and it could drive many Americans to individual-oriented plans offered by UnitedHealth Group Inc., Wellpoint Inc. and Aetna Inc.
President Bush’s Uncle Bucky just happens to sit on the WellPoint board of directors. The lone Democrat giving a standing ovation during Bush’s tax credit idea has a wife in the board chair next to Uncle Bucky. Senator Evan Bayh’s lovely wife, Susan sits on the WellPoint board. She flipped stock options for a whopping $1.2 million gain the last two years.
Mrs. Bayh’s seat is still warm from Al Hubbard’s service. Mr. Hubbard left the board to serve on President Bush’s economic team, specializing in healthcare. Is it any wonder, WellPoint stands to benefit from the President’s proposals. It seems their board is well appointed…
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