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Cowen CEO: 'You Can't Just Own Healthcare Broadly And Say It's Going To Work Out'
Monday, June 29, 2015 - 1:14pm | 341Jeffrey M. Solomon, president at Cowen Group Inc (NASDAQ: COWN) and CEO of Cowen and Company, was on Wall Street Week this Sunday to talk about the outlook of the biotech space overall. Here is what he had to say. Biotech, Reindustrialization Of America On whether he still sees healthcare and...
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Oppenheimer Boosts Hospital Price Targets Following Obamacare Decision
Friday, June 26, 2015 - 9:39am | 262Following the Supreme Court's decision on Thursday to reaffirm the Affordable Care Act, also known as Obamacare, analysts at Oppenheimer increased their price target on HCA Holdings Inc (NYSE: HCA) and Community Health Systems (NYSE: CYH). Oppenheimer's Michael Wiederhorn hiked...
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The Court Case That Could Crush Obama's Legacy
Tuesday, June 23, 2015 - 8:40am | 391President Obama's time in office has yielded several major changes, though none more talked about than the introduction of the Affordable Care Act, nicknamed Obamacare. The complete overhaul of the U.S. healthcare system made health insurance mandatory for U.S. citizens and provided...
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The Affordable Care Act Tax Penalty Just Went Up
Monday, February 16, 2015 - 11:18am | 918Congress is in recess this week. The Daily Deduction will resume its regular schedule on Monday, February 23. Tax reform's narrow window, according to House Ways and Means Chair Ryan. "I just think knowing the way the budget process works on tax reform that if we haven't done...
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Obamacare Could Be Setting Up A Bumper Year For Insurers
Thursday, February 5, 2015 - 3:36pm | 419On Wednesday, federal officials estimated that roughly 10 million people have enrolled in health insurance plans through the Affordable Care Act so far in 2015. That figure includes people who were re-enrolled from last year’s coverage and also those who may have chosen a plan but have...
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Getting Politically Invested With Motif Investing CEO Hardeep Walia
Wednesday, November 12, 2014 - 12:56pm | 693Motif Investing CEO Hardeep Walia in a phone conversation told Benzinga he first became convinced of the inextricable link between politics and investing while listening to candidates Barack Obama and Mitt Romney speak at the beginning of the 2012 presidential campaign. "As they...
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Lost Faith In Obamacare? Discover Whether a Health Care Sharing Ministry Could Work For You
Friday, September 19, 2014 - 3:13pm | 774There has been no shortage of controversy surrounding the passage and implementation of the Patient Protection and Affordable Care Act (“ACA”), also known as Obamacare. Opponents of the law have loudly objected to many of its provisions from the beginning and no aspect of the law...
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Exclusive: Physicians Realty CEO Discusses Legislation, Interest Rates
Monday, July 14, 2014 - 3:35pm | 607Physicians Realty Trust (NYSE: DOC) is a REIT that invests in and manages properties for healthcare facilities. Since the company’s IPO less than a year ago, shares of the REIT have appreciated more than 26 percent, on top of a six percent annual dividend yield. In an interview with...
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Supreme Court Says Contraception Mandate Violates Religious Freedom
Monday, June 30, 2014 - 11:12am | 178The U.S. Supreme Court held in a 5-4 ruling Monday that an Affordable Care Act (also known as Obamacare) mandate that companies' employee insurance plans provide contraception violates the Religious Freedom Restoration Act of 1993. The landmark decision handed a victory to Hobby Lobby, a...
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Will The ACA Tame Health Insurance Rate Hikes In 2015 As Promised?
Tuesday, May 27, 2014 - 1:15pm | 598The Affordable Care Act, aka Obamacare, has been nothing if not controversial. If early filings by insurers hold, however, there may be some good news on the horizon to temper some of that controversy. Although complete final rates for 2015 won’t be out until later this year, insurers were...
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Survey: Americans Still Feel Vulnerable About Healthcare Insurance Under Obamacare
Monday, April 28, 2014 - 9:00am | 467The Afforable Care Act, aka Obamacare, continues to remain a hot-button political issue as America heads into its mid-term elections. And while a lot of Americans remain ambivalent about Obamacare and what it will mean for their present and future heath care needs, a new study by Bankrate.com (...
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Market Wrap For April 11: Markets Pick Up Exactly Where They Left Off
Friday, April 11, 2014 - 4:49pm | 2266U.S. stocks declined sharply for the second day in a row as investors found little reason to reverse Thursday's bullish activity. Right off the bat, JPMorgan reported disappointing quarterly results which led to a decline in the S&P 500 index. The Volatility Index, also known as the "fear...
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Will The IRS Be Able To Enforce The Obamacare Mandate?
Monday, April 7, 2014 - 10:16am | 511Officially, Internal Revenue Service Commissioner John Koskinen said the organization was able and willing to enforce the insurance mandate under the Patient Protection and Affordable Care Act, but needs additional funding to better meet its obligations. The likelihood of that additional funding...
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Barron's Recap: Bad News For Putin
Monday, March 31, 2014 - 6:48am | 822This weekend in Barron's online: the effects of oil at $75 a barrel, the next stage of Obamacare, as well as the prospects for Tesla's Gigafactory, DDR, Exact Sciences and more. Cover Story "Here Comes $75 Oil" by Gene Epstein. The long-term outlook for global oil prices is lower, says this week...
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ETF Outlook For Tuesday, March 25, 2014 (IHF, GDX, UNG)
Tuesday, March 25, 2014 - 9:45am | 416ETF Outlook for Tuesday, March 25, 2014: iShares Dow Jones U.S. Health Care Providers Index ETF (NYSE: IHF) One side of the aisle deems the subsidies that are handed out with Obamacare in 36 states that have not set up their own exchanges illegal; the Supreme Court will hear the argument...