Hospital stocks skyrocket after health insurance ruling.

[woo me with science]

Congratulations, corporate America.

http://www.washingtonpost.com/national/hospital-stocks-sharply-higher-after-health-care-ruling/2012/06/28/gJQA01348V_story.html

[senseandsensibility]

1. Thanks for pointing this out.

I believe it's the reason this law was upheld.

[cbdo2007]

2. Actually, Health Insurance stocks are down. So you have something against hospitals now too???

Please decide for us if we hate hospitals or insurance companies today and then we'll all follow along. Thanks

[ProSense]

3. Did you

"Congratulations, corporate America. "

...read the article?

WASHINGTON — Stocks of hospital companies rose sharply and insurance companies fell Thursday after the Supreme Court upheld a requirement that almost all Americans carry health insurance.

<...>

Insurance companies were down sharply as analysts rushed to sort out the ruling. UnitedHealth Group stock fell almost 3 percent, WellPoint 6 percent and Aetna 3.6 percent.

So by the implied logic, it appears the ruling was bad news for insurance companies.

[Shrek]

4. But health insurer stocks are down

So I guess hospitals are expected to profit but insurers will take a hit.

Healthcare stocks were sharply divided following the ruling. Insurers UnitedHealth (UNH, Fortune 500), WellPoint (WLP, Fortune 500) and Humana (HUM, Fortune 500) dropped between 2% to 6%. Hospitals, including Community Health Systems (CYH, Fortune 500) and HCA (HCA, Fortune 500) rose between 6% to 7%.

http://money.cnn.com/2012/06/28/investing/stocks-markets/index.htm

[SidDithers]

5. Keep trying...nt

Sid