Health Care Sector Sees A Friend In Bush No assault on price controls likely; Medicare drug issue quiet.(B)(Making Money In Mutuals)

Byline: Peter McKenna

Investor's Business Daily

Those who doubt that politics can greatly influence the health care sector musthave forgotten "the Hillary scare" of 1993.

In that year, Hillary Clinton proposed that Congress enact health care reforms that would take pricing controls away from drug companies and give them to the government.

"Pricing controls are the single most important factor in the success of many, many health care companies," said Ken Laudan, a

health care analyst for Robinson-Humphrey. "Clinton's proposals were very socialistic. If they had passed, I would not have recommended a health care fund to my worst enemy. The drug sector would have gone into a tailspin, suffering most notably …