Vertical Integration in Healthcare [UNH, CVS, ANTM, CI]

The U.S. Healthcare industry is politically charged and riddled with complexity, prompting most investors to hold their noses and look the other way. It might pay to pay attention, though. After all, how else would you have realized UnitedHealth Group was a 10-bagger over the last 10 years [~27% annual return since September 2010]? A …

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