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Health insurer Health Net Inc. said Wednesday it swung to a first-quarter loss on hefty legal and restructuring charges, though adjusted profit still fell far short of Wall Street forecasts because of higher costs.

Opening Glance: Health care equipment and supply stocks (AP via Yahoo! Finance)
Health care equipment and supply stocks mostly rose in early trading Wednesday as investors anticipated a quarter-point reduction in the federal funds rate by the Federal Reserve this afternoon.

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AP Interview: Schwarzenegger to try health care fix again (AP via Yahoo! News)
Three months after his effort to retool the state's health care system ran aground, Gov. Arnold Schwarzenegger told The Associated Press he'll try again.

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