Futures Market Betting Against Public Option
Liberals on Capitol Hill might still be pushing for a public insurance option as part of this year’s health reform strategy, but investors aren’t banking that
Jul 31, 202068K Shares2.5M Views
Liberals on Capitol Hill might still be pushingfor a public insurance optionas part of this year’s health reform strategy, but investors aren’t banking that it’ll make the cut. At least according to Intrade, a Website allowing members to trade on their predictions of future events.
In late July, the probability that a public plan would pass this year approached 50 percent, according to Intrade. Today, that probability is roughly 17 percent, and falling.
h/t: Alex Vachon
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Dexter Cooke
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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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