Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Judge rejects state AGs bid to revive ACA insurance subsidies

Published 10/25/2017, 07:18 PM
Updated 10/25/2017, 07:18 PM
© Reuters.  Judge rejects state AGs bid to revive ACA insurance subsidies
  • A U.S. District Judge today refused to block Pres. Trump’s decision to end subsidy payments to health insurers under the Affordable Care Act, a victory for the administration against Democrat state attorneys general who argued that terminating the payments harmed customers by raising insurance rates.
  • The judge, appointed by Pres. Obama, said the kind of emergency order requested by the states was not necessary, because "most state regulators have devised responses that give millions of lower-income people better health coverage options than they would otherwise have had."
  • After Trump’s decision two weeks ago to end the insurance subsidies, 18 states and D.C. asked for an immediate order halting the move while the case is being litigated.
  • Among relevant tickers: CNC, MOH, UNH, AET, WCG, CI, HUM, ANTM, GTS, HQY, QHC, HCA, THC, UHS, LPNT, CYH, HCP, SEM
  • ETFs: XLV, VHT, IYH, HQH, CURE, THQ, FHLC, FXH, RXL, RYH, RXD, SICK, LNGR, BTEC, JHMH, HCRF
  • Now read: Ventas Is A No-Brainer For Conservative Dividend Investors, Yield 4.7%


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.