Hospital stocks leap after Supreme Court backs overhaul

[Omaha Steve]

Source: AP-Excite

By TOM MURPHY

Investors in hospital stocks rejoiced Thursday after the Supreme Court upheld a key portion of President Barack Obama's health care overhaul and eliminated the prospect of a sudden influx of uninsured patients seeking care.

Shares of big hospital operators like HCA Holdings Inc. and Tenet Healthcare Corp. surged after the court announced a decision that maintained in several states tax credits that play a key role in helping millions of Americans pay for health insurance.

Health insurance stocks also climbed, to a lesser degree, after the ruling gave some clarity to a small but growing part of their business.

Investors were worried that many patients would drop their insurance if they no longer had the subsidies to help them pay for the coverage.

FULL story at link.


Read more: http://apnews.excite.com/article/20150625/apfn-us--hospital_stocks-supreme_court-32c0d1a2a2.html

[jtuck004]

1. Government guaranteed profits, increases of 10% a year, maybe more. A 1%ers wet dream. n/t

[Fearless]

2. Hospitals should be non-profit.

[Fred Sanders]

3. Notice the Golden Silence of health insurance companies, as their stocks rise....the GOP is so

wrong about everything lately one has to wonder WTF keeps them breathing.
Now on to universal health care, the GOP Dustin of history is filling up fast.

[Dont call me Shirley]

4. Hospital stocks...

Where is their incentive in ensuring people do not get sick in the first place?

Crickets...