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Health-care stocks fall on uncertainty over Supreme Court and Obamacare

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Health insurer and hospitals stocks sink on Supreme Court uncertainty

off 6%. Investors worry that the repeal of the ACA could result in higher uncompensated care for the facilities, if millions were to lose health coverage.

"The question is, will those conservative justices all vote to eliminate the Affordable Care Act, on the basis of this case... I think it's not likely," he said. Capitol Street health policy analyst Ipsita Smolinski says beyond the case itself, the battle to seat a conservative justice before the election in November will likely rally President Trump's anti-abortion evangelical voters.

 

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