ACA Subsidy Extension Boosts Healthcare Stocks

Stocks in the healthcare sector surged this week following reports of a potential two-year extension of key subsidies for the Affordable Care Act. Companies like Centene, Molina Healthcare, and Oscar Health saw significant stock price increases, with Centene climbing eight percent, Molina Healthcare rising over three percent, and Oscar Health surging eighteen percent. Other companies, such as Natera, GoodRx, and Bio-Techne, also experienced positive impacts, highlighting the immediate effect of policy considerations on market sentiment and stock valuations in heavily regulated sectors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.