Whether you're hoping desperately for it or praying that it doesn't pass, government-run health care is a major issue of the day.
Fortunately Intrade.com has a contract that allows people to bet on whether or not some new form of government-run health insurance will be approved by the end of 2009. This gives investors, politicians, the media, and all US citizens the odds that people are putting on its passage.
The contract just opened for trading yesterday, and it has actually done quite a bit of volume already at 501 contracts traded. It started at 50, but has fallen down to 42, which means traders are currently giving it a 42% chance of passing by the end of 2009.
