TheStreet.com RealMoney

You Must Sell the HMOs

By Jim Cramer

 About this article:
 How could it suddenly dawn on holders of Cigna , Aetna , United Health and Wellpoint that they are PENOs instead of HMOs! That means Public Enemy No. 1, by the Anti-HMO-in-Chief Barack Obama. I have been telling people to sell these stocks endlessly because the president wants their business to be nonprofit, which is difficult if you are a public company. These companies, not unlike Sallie Mae and the Apollo / Strayer contingent are all in Obama's cross hairs. These are companies that are viewed at best as friction and a tax on the system and at worse, actual taxpayer rip-offs. In the case of the big HMOs, I think Obama can't figure out what these companies do other than make it so the government pays our more and you get less. Their case, that they do insure people who work at...

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