How Much is a Part D Life Worth?

 
• By Michael McCaughan

The MemberHealth sale values one of the biggest players in Part D at a bargain price--at least compared to what one Wall Street insider says the company would have sold for before the November elections. The deal also sets a benchmark for what are sure to be more Part D sales.

The November election victory by the Democrats meant a lot of things. Most are hard to quantify. But for investors in MemberHealth Inc., the impact is all too apparent.

According to one analyst with a Wall Street investment fund, the Democratic sweep in November meant a loss of as...

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