Health Benefit Providers Index Stats
Top 5 Companies by Market Cap
Top 5 Companies by Revenue 
The accompanying tables provide a snapshot of my 33-company Health Benefit Providers Index, which includes all types of pharmacy services (retail, mail order, institutional), pharmacy benefit managers, managed care companies, health insurers, and supplemental health insurance. The industry is taking part in overall healthcare consolidation with a $2.9 billion buyout bid for Longs Drug Stores (LDG) by CVS Caremark (CVS). The closest benchmark fund to my index is the iShares Dow Jones US Healthcare Providers ETF (IHF) with about $127 million in net assets and 50 stock holdings . The major differentiation for my Health Benefit Providers Index is the exclusion of all direct patient care services such as hospitals, diagnostic lab services, and assisted living homes -- as my index focuses exclusively on third-party health benefits such as those listed above rather than direct patient care.
$2.38 (10/12/08)
