Obamacare Subsidies Upheld by U.S. Supreme Court (UNH) (HCA) (CYH)

(Updated - June 25, 2015 10:12 AM EDT)

Obamacare subsidies upheld by U.S. Supreme Court.

UPDATE - Ruling in the decision was 6-3 and was the second favorable outcome for Obamacare in three years.

Justices Roberts and Kennedy were said to join in the majority vote today.

Obamacare subsidies help to stabilize state insurance industries, while also providing millions of Americans with federal tax cuts to make policies more affordable.

Traders are keeping an eye on: Community Health Systems (NYSE: CYH), HCA Holdings (NYSE: HCA), LifePoint Hospitals (Nasdaq: LPNT), Tenet Healthcare (NYSE: THC), Universal Health (NYSE: UHS), Aetna (NYSE: AET)
Humana (NYSE: HUM), UnitedHealth Group (NYSE: UNH), CVS Health (NYSE: CVS), and Express Scripts (Nasdaq: ESRX), among others.

You May Also Be Interested In

• Teladoc (TDOC) on Watch, UnitedHealth (UNH) Optum To End Virtual Care Business: Endpoints
• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• Residents, Community Officials Celebrate Aya Tower in East Point following $24 Million Redevelopment