The stock market indicated right away that there’s an opening for someone to do health care pricing better than existing healthcare companies. Stock prices for insurance companies slid markedly, by 4 percent to 5 percent.
“I think the most interesting part so far is how the stock market punished healthcare companies,” said Chris Kane, a health insurance consultant in metro Atlanta. “I would theorize it’s the equivalent of three rock stars forming a new band.”
Georgia companies contacted by The Atlanta Journal-Constitution on Tuesday mostly declined to comment. A UPS spokesperson said doing so would be “premature.” Sidney Jones, senior vice president of investor relations at the auto parts company Genuine Parts, added that it was “an interesting development.”
Clearly, the most interesting thing about it, analysts said, is who’s doing it: behemoths of the American economy who also happen to be the best in the world both at delivering things and at seeing, financing and building the future.
“What’s exciting about this adventure is, they’re going to think about the problem,” said Bill Custer, a professor at Georgia State University.
Staff Writer Anastaciah Ondieki contributed to this story.