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Health insurers show continued strength on sentiment that the Supreme Court may significantly...

Health insurers show continued strength on sentiment that the Supreme Court may significantly overturn Obamacare, boosted by a Jefferies note saying a court ruling that would overturn part of the law that would order states to expand Medicaid programs probably won’t have long-lasting effects on insurers such as CNC +3.6% and AGP +3%. Also: WLP +3.5%, CVH +3%, WCG +2.7%.
Comments (4)
  • The problem is that the only part of the law likely to be repealed is the individual mandate. I'd be surprised if the Court struck down the entire law (but it's possible). And really, striking down the individual mandate --- while good for American liberty --- won't have much of an impact on the insurers if the rest of the act is still in place.
    30 Mar 2012, 02:55 PM Reply Like
  • Ah yeah. Insurance companies can make more money while people who need healthcare have been manipulated into being against universal health care and the MDs make less.

     

    No one who pays for their own health care would be against universal coverage. Let the justices, some of whom are on Medicare, pay the 2000+ a month for them selves and their families and see how long the idealogs vote no.

     

    30 Mar 2012, 02:57 PM Reply Like
  • "Let the justices, some of whom are on Medicare, pay the 2000+ a month for them selves and their families and see how long the idealogs vote no."

     

    The question still is, where will the money come from to pay for this health care. Maybe it would be cheaper if the government would just reimburse hospitals and doctors for unpaid medical services and eliminate the extra layers of expense of the government bureaucracy and the insurance companies.
    30 Mar 2012, 03:45 PM Reply Like
  • "The question still is, where will the money come from to pay for this health care."
    The corporations!
    30 Mar 2012, 10:30 PM Reply Like
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