ADVFN - Advanced Financial Network.
HOME» NYSE » U » UNH Stock Price » UNH Stock News

Uhc Share News

 Unitedhealth Grp. Stock Price
UNH Stock Price
 Unitedhealth Grp. Stock Chart
UNH Stock Chart
 Unitedhealth Grp. Stock News
UNH Stock News
 Unitedhealth Grp. Company Information
UNH Company Information
 Unitedhealth Grp. Stock Trades
UNH Stock Trades

Hospitals Surge, Insurers Slide as Health-Care Law is Upheld

By Jon Kamp Thursday's historic Supreme Court ruling upholding the U.S. health-care overhaul law sent stocks throughout the health-care sector in different directions by maintaining the promise of more people seeking services, but also new costs and other big changes. By upholding the politically contentious law, the high court keeps alive this complex mix of opportunities and pressure points, at least through November's elections. The law aims to extend coverage to tens of millions of Americans through state-based exchanges and a broader Medicaid program while imposing various cuts and taxes on health companies. Hospital operators broadly posted big gains because the upheld law promises coverage for millions of Americans who might otherwise seek care and stick hospitals with unpaid bills. Big managed-care firms--which are slated to get new customers from the law but also face earnings-compressing coverage requirements--traded lower. Overall, the NYSE Healthcare Index recently traded down about 1%, matching broader-market declines amid widely divergent moves throughout the health-care sector. Hospitals helped lead the charge higher, with HCA Holdings Inc. (HCA), the biggest investor-owned hospital company, jumping 7.8% in recent trading. Community Health Systems Inc. (CYH) rose 10.9% and Tenet Healthcare Corp. (THC) rose 7.6%. Hospitals are the "net winners" here, having won a best-case-scenario outcome, according to Goldman Sachs. Among big health insurers, UnitedHealth Group Inc. (UNH) fell 3.3%, Aetna Inc. (AET) sank 4.5% and WellPoint Inc. (WLP) declined 6.3%. Thursday's ruling keeps in place a law poised to add customers but also pressure earnings through new requirements, such as taking on people regardless of their health history and not charging more for pre-existing conditions. Predictions ahead of the ruling were all over the map, although expectations the law would be totally upheld declined significantly after oral arguments before the court in March. "Modest declines in the shares of commercial insurers suggest at least some investors expected the law to be struck down," Wells Fargo analyst Peter Costa said. According to Goldman Sachs analysis, earnings for big insurers would have been highest over the next four years if the law was struck down. Thursday's ruling was more of a middle-ground outcome for insurers amid investor hopes for more. Meantime, shares of Medicaid-focused insurers jumped on expectations that the health plan for the poor will expand to add millions more people, with WellCare Health Plans Inc. (WCG) up 8.9%, Amerigroup Corp. (AGP) up 4.3% and Molina Healthcare Inc. (MOH) up 4.1%. The high court said the federal government can't put sanctions on states' existing Medicaid funding if the states decline to go along with the expansion, but can withhold new funds if the states don't comply with the requirements. Shares were down in the medical-device sector, where the law means companies are set to start paying an excise tax on domestic sales next year. Medtronic Inc. (MDT), which has estimated a $120 million to $150 million annual impact, slid 1.2%. Spinal-device maker NuVasive Inc. (NUVA) declined 2.1%. Write to Jon Kamp at

Stock News for Uhc (UNH)
11/29/201514:18:03The Real Reason Obamacare May Not Be Affordable After All
11/28/201514:18:02The Nation's Largest Insurer Just Dropped a Bombshell on Obamacare
11/27/201508:02:03Did UnitedHealth Group Just Signal the Doom of Obamacare Exchanges?
11/24/201516:50:10Statement of Changes in Beneficial Ownership (4)
11/23/201511:09:033 Obamacare Concerns for the Healthcare Industry
11/22/201520:00:00UnitedHealthcare and Magic Johnson Foundation Bring Holiday Hope...
11/21/201512:04:023 Healthcare Stocks You Don't Have to Babysit
11/21/201507:21:03The Nation's Biggest Insurer May Cry "No Mas" on Obamacare
11/20/201518:37:00Aetna, Anthem Say Individual Commercial Business Is On Track--2nd...
11/20/201513:23:00Aetna, Anthem Say Individual Commercial Business Is On Track--Update
11/20/201509:00:00Aetna Says Individual Commercial Business on Track
11/20/201509:00:00UnitedHealthcare Joins Magic Johnson Foundation to Bring Holiday...
11/20/201508:50:00Aetna Says Individual Commercial Business on Track
11/19/201516:49:02Why Health Insurance Stocks Are Down Big Today
11/19/201506:05:41Current Report Filing (8-k)
11/19/201505:50:00UnitedHealth Group Provides 2015 Earnings Update, Initial 2016...
11/18/201508:00:00U.S. Department of Health and Human Services Joins OptumLabs
11/17/201516:25:00UnitedHealthcare’s Baby Blocks® Helps Expectant Mothers in Te...
11/17/201514:39:00Hartford and Tolland County Families to Have Thanksgiving Dinner...
11/17/201509:00:00OptumRx Adds AxelaCare to Enhance Pharmacy Care Services for...

United Health Care and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations