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Bet On Health Care Stalemate?

Following health care reform is kind of like trying to drive in England. Confusing as all heck for most Americans.

In the latest development, one of three wavering Senate Democrats said on Friday he would vote to start the chamber's healthcare debate.

Senator Ben Nelson said he would support a procedural motion on Saturday to allow debate on healthcare reform to proceed, even though he is still unsure if he will back the final bill.

"It is only to begin debate and an opportunity to make improvements. If you don't like a bill why block your own opportunity to amend it?" he said.

If the Senate takes up the bill, the debate would begin on November 30, after next week's Thanksgiving holiday. It would last at least three weeks, making it unlikely President Obama will sign a final bill by the end of the year.

Also any differences between a Senate bill and the House of Representatives version passed on November 7 would have to be reconciled before a final bill can be voted on again in both houses and sent to the White House.

Considering there’s so much rhetoric and so few actual advances, how should you game health care?

I think the play is long UNH, says Steve Grasso. It seems like there’s a long way to go until anything is passed.

In the space I like C.R. Bard and Becton, Dickinson, says Karen Finerman., They’re trading a lot lower than their average multiple of the last 5 years. I think they’re winners almost regardless of the outcome of reform legislation.


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