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Smaller Works For This Health Care ETF
Monday, June 26, 2017 - 8:13am | 558Health care stocks and exchange-traded funds jumped last week as Senate Republicans unveiled legislation that would repeal the Affordable Care Act, also known as "Obamacare." While some health care ETFs cooled on Friday, the PowerShares S&P SmallCap Hlth Cr Ptflo (NASDAQ: PSCH) was one of just...
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Senate Health Care Bill Cuts Benefits To The Poorest, Taxes On The Wealthy
Thursday, June 22, 2017 - 11:59am | 612A group of Republican senators, meeting secretly for weeks, finally unveiled on Thursday their version of a health care plan meant to replace the Affordable Care Act enacted by President Barack Obama. As expected, the 142-page bill — the American Heath Care Act — is similar to the...
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Trump Troubles Mean More Delays For GOP Agenda
Friday, June 16, 2017 - 10:59am | 849Republicans in Congress promised to repeal the Affordable Care Act on the first day of a new GOP administration. Five months later, the overhaul remains stalled, just one part of an agenda paralyzed by the probe into President Donald Trump’s dealings with Russia. The U.S. Senate is working on...
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The Latest On Drug Pricing, Healthcare Bill As Senate Takes Up Issue In Earnest
Tuesday, June 13, 2017 - 3:59pm | 407It’s going to be busy this week in the healthcare industry, with several key developments on the schedule that could have a major impact on the U.S. healthcare sector. What A Week First, on Monday, the Centers for Medicare and Medicaid Services released the latest batch of Health Insurance...
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Analysis: Don't Look For The CBO Scoring To Keep AHCA Bill Off Trump's Desk
Friday, May 26, 2017 - 3:18pm | 660Height Securities released its latest analysis of the American Health Care Act Friday following the Congressional Budget Office’s scoring report. Height analyst Stefanie Miller believes the CBO’s scoring will not hinder Republican efforts to move the bill through to the President...
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Winners And Losers From Trump's $4 Trillion Budget Proposal
Tuesday, May 23, 2017 - 10:54am | 816The poor, the elderly, the disabled, college students and environmental protections all stand to take a big hit if Congress approves President Donald Trump’s $4.1 trillion budget for fiscal year 2018. Defense contractors, corporations in general and the wealthiest Americans all stand to gain...
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Fear Of Facing Town Halls Pushing Senate Republicans To Pass 'Trumpcare' Before Summer Recess
Monday, May 22, 2017 - 4:13pm | 557Americans and investors hoping for healthcare reform may have the strongest congressional motivator of all on their side: fear. If Congress doesn’t get a healthcare reform law passed by the summer recess, representatives will face the prospect of disgruntled constituents as they hold town...
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Senate Needs To Move Fast On Healthcare Before Overhauling Tax Code
Thursday, May 11, 2017 - 3:20pm | 669Somewhere beyond the cacophony over President Donald Trump’s firing of FBI Director James Comey is a steady, behind-the-scenes hum about healthcare, which won’t stay yesterday’s news for very long. Analysts at Height Securities, LLC say the U.S. Senate has to deal with healthcare...
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Molina CEO, CFO Shown The Door Amid Dismal Financial Performance
Tuesday, May 2, 2017 - 2:54pm | 547Molina Healthcare, Inc. (NYSE: MOH) shares spiked in mid-afternoon trading following an announcement from the company that its CEO and chief financial officer are being fired. Founding Family Ousted The Medicaid managed care insurer said its CEO Mario Molina would be replaced on an interim basis...
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Former Nixon Library Historian Has Familiar Feeling About Trump
Sunday, April 30, 2017 - 1:35pm | 655The historian hired to repair the Richard Nixon Library and Museum’s problems with the truth sees something similar in the current president: a sense of paranoia and frustration that might spill over into bad decisions. Timothy Naftali is a Canadian-American historian and a clinical associate...
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3 Months In: Where The Trump Administration Now Stands On Economic Issues
Friday, April 21, 2017 - 9:05am | 939President Donald Trump seemed to waver last week on a couple of key official economic positions. Nonetheless, he maintained optimism that any remaining campaign promises will materialize. One by one we are keeping our promises - on the border, on energy, on jobs, on regulations. Big changes are...
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Democrats, White House And Health Insurers In Mexican Standoff As Govt. Shutdown Deadline Looms
Tuesday, April 18, 2017 - 3:45pm | 501Heath insurance companies are meeting with CMS Administrator Seema Verma today to try to determine if President Donald Trump intends to pull $7 billion in funding from companies that sell plans on Affordable Care Act exchanges. The cost-sharing reductions (CSR) allow insurance companies to provide...
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Health Insurers Respond To Trump's Threat To Withhold Their Payments As Bargaining Chip In Healthcare Debate
Monday, April 17, 2017 - 3:11pm | 927President Donald Trump is trying to bring the Democrats to their knees with respect to the Affordable Care Act through devious means. He has recently issued threats to health insurers, suggesting that his government would not reimburse the companies for their coverage of low-income individuals....
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2 Possible Paths For The GOP To Take On Healthcare Reform
Thursday, April 13, 2017 - 10:20am | 402If at first you don’t succeed, try, try again. President Donald Trump and congressional Republicans are not giving up on repealing and replacing the Affordable Care Act, even after their first attempt at healthcare reform fell flat. After meeting with former Republican congressmen and senior...
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If Trump Plans To Pivot From Healthcare To Tax Reform, He May Want To Tell Congress...
Thursday, March 30, 2017 - 10:49am | 656Following a major defeat on healthcare last week, President Donald Trump initially said the administration now plans to move on from healthcare to address tax reform. However, House Speaker Paul Ryan and even Trump himself have since indicated they will continue to push for a healthcare deal. 'We'...