|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||194.06 - 195.84|
|52 Week Range||133.03 - 200.76|
|PE Ratio (TTM)||23.52|
|Dividend & Yield||3.00 (1.51%)|
|1y Target Est||N/A|
Health carrier stocks could enter steep bear markets if the latest Obamacare repeal bill becomes law.
Tapping into Florida’s booming population of seniors, Anthem will buy a fast-growing Medicare Advantage plan and its network of primary care centers for an undisclosed sum.
This one, called the Graham-Cassidy bill, aims to give states money to deal with the issue, while peeling back Obamacare’s coverage mandates and winding down its Medicaid expansion. The Wall Street Journal reports that the latest push to repeal the Affordable Care Act has gained momentum in the Senate, but still faces big challenges. In that event, the pair sees greater earnings downside for companies levered to Obamacare in the near term than the previous House and Senate repeal-and-replace efforts.