- The White House has dropped a proposal to permit insurers to limit Medicare coverage for certain types of pharmaceuticals, including drugs for depression and schizophrenia.
- Medicare argued that the measure would have saved money, but the Administration ran into trouble with patients, drug firms and members of Congress from both parties.
- Health insurers: AET, HNT, HUM, UNH, WLP, MOH.
- ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
at Zacks.com (Nov 18, 2014)