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Jim Cramer On Centene's 40% Crash: Fewer ACA Signups, Sicker Patients, Pulled Guidance And Major Earnings Hit Trigger Selloff: 'This Is Horrifying'
Thursday, July 3, 2025 - 12:11am | 1082Shares of managed care provider Centene Corp. (NYSE:CNC) dropped over 40% on Wednesday, marking the worst single-day performance in the company's history. Check out the current price of CNC stock here. What Happened: On CNBC’s Mad Money, Jim Cramer referred to the collapse as “a...
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Bernie Sanders Slams Trump's 'Big, Beautiful Bill' As A Gift For Billionaires: 'The Most Dangerous Piece of Legislation In Modern History'
Sunday, June 29, 2025 - 10:25pm | 743Sen. Bernie Sanders (I-VT) is once again taking a shot at President Donald Trump’s budget reconciliation bill, dubbed the “One Big, Beautiful Bill.” What Happened: On Sunday, Sanders posted on X with highlights from his recent remarks on the Senate floor regarding the proposed...
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Trump Gets Blasted For Breaking His Pledge To Repeal, Replace Obamacare: Ramaswamy Asks, 'Eight Years Later, Did It Happen?'
Thursday, September 21, 2023 - 8:34pm | 571In a recent event, GOP presidential candidate Vivek Ramaswamy criticized former President Donald Trump for failing to fulfill his promise of revamping Obamacare, according to an AP News report. What Happened: Ramaswamy, a businessman, accused Trump of breaking his pledge to repeal and replace...
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How The 2020 Presidential Election Could Impact Health Care Stocks
Wednesday, October 28, 2020 - 12:20pm | 568With the 2020 presidential election right around the corner, investors are making predictions on the sectors and stocks that could see big changes. One sector that could change dramatically based on the next occupant of the White House is health care. Potential Winners Under Trump: Hospital...
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Stocks To Watch Amid The First Trump Vs. Biden Presidential Debate
Tuesday, September 29, 2020 - 5:53pm | 870The first of three scheduled presidential debates ahead of the 2020 election will be held Tuesday evening at 9 p.m. ET as U.S President Donald Trump goes up against former Vice President Joe Biden. The two will debate for 90 minutes in a commercial-free broadcast across several TV stations. The...
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3 Health Care ETFs For A New Look Supreme Court
Wednesday, September 23, 2020 - 9:36am | 712The passing of Ruth Bader Ginsburg is creating a stir for some health care stocks, prompting the investment community to ponder the fate of the Affordable Care Act (ACA), also known as Obamacare. The long and the short of it is, as evidenced by Monday's drubbings for some of these names,...
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Health Care ETFs Are Breaking Out, But Political Risks Linger In 2020
Wednesday, November 27, 2019 - 10:35am | 550The health care sector has shed its laggard ways as highlighted by the Health Care Select Sector SPDR (NYSE: XLV). The largest exchange traded fund dedicated to the S&P 500's second-largest sector weight is up nearly 7% this month and is flirting with a year-to-date gain of 15%. While...
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Supreme Court ACA Reimbursement Case Will Have Minimal Effect On Big Insurers
Wednesday, June 26, 2019 - 4:27pm | 946A Supreme Court case tackling whether the federal government must reimburse health insurers that lost money participating in the Affordable Care Act is worth billions collectively and will be closely watched — but the outcome is unlikely to have a big impact on the insurers’ bottom...
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Trump Administration Looks To Dump Affordable Care Act
Tuesday, March 26, 2019 - 11:37am | 394In a federal appeals court filing, the Justice Department said it agreed with the ruling of a federal judge in Texas that invalidated the Obama-era Affordable Care Act, according to CNN. What Happened The Trump administration said Monday "it is not urging that any portion of...
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LifePoint Confirms Sale To Apollo's RCCH, But Analysts Aren't Too Enthusiastic
Monday, July 23, 2018 - 10:17am | 597LifePoint Health Inc (NASDAQ: LPNT) announced Monday its $5.6-billion sale to Apollo Global Management LLC (NYSE: APO)’s RCCH Healthcare Partners. The buyout price, $400 million less than what Reuters had reported Friday, represents a 36-percent premium to LifePoint’s Friday...
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Health Care Open Enrollment 2018: What You Need To Know
Thursday, November 16, 2017 - 1:36pm | 1114Health care open enrollment for 2018 began on Nov. 1, 2017. Act quickly to find the best deal. If you're confused about the state of the Affordable Care Act, you're not alone. News of skyrocketing premiums, a shorter enrollment period and the elimination of cost-sharing subsidies have...
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Latest Tax Reform Bill From Senate GOP Seeks Repeal Of ACA Individual Mandate
Tuesday, November 14, 2017 - 4:49pm | 428The latest Republican tax reform bill takes yet another stab at the Affordable Care Act with a proposed repeal of individual mandates, party leadership said Tuesday. The mandates had required Americans to either get health insurance or pay a tax, an alternative that incentivized coverage for an...
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Cigna Says End To ACA Subsidies Would Likely Increase Premiums
Friday, October 13, 2017 - 2:31pm | 348The Trump Administration’s decision to discontinue Affordable Care Act subsidy payments would have dramatic implications on insurers and consumers alike, according to CIGNA Corporation (NYSE: CI). “Many Americans in the Individual insurance market rely on the federal government’s...
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Health Care Stocks Spike After McCain Announces 'No' Vote On Graham-Cassidy Proposal
Friday, September 22, 2017 - 2:28pm | 407Health care stocks caught a boost Friday afternoon as the latest ━ and perhaps last ━ effort to repeal the Affordable Care Act (known to many as Obamacare) lost critical GOP support. “I cannot in good conscience vote for the Graham-Cassidy proposal,” Sen. John McCain wrote in a...
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Doctor Says Health Care ETFs Look Healthy
Thursday, August 17, 2017 - 8:29am | 505Health care, the S&P 500's third-largest sector allocation, is rebounding nicely after slumping in 2016 when the sector notched its first negative showing on an annual basis. This year, the Health Care Select Sector SPDR (NYSE: XLV) is higher by nearly 15 percent. Although the health care...