A Lot At Stake In Supreme Court Health Law Decision For Insurers, Providers
News outlets report on how various players are braced for the ruling. Meanwhile, President Barack Obama tells donors he may have to revisit the law in a second term depending on what the court decides.
Market Watch: Best Outcome For Health Stocks? Uphold Law
If the Supreme Court strikes down any part of the Affordable Care Act, it's likely that health insurers and hospitals will see their stock prices tumble. And expect just the opposite if the high court leaves the 2010 reform measure — often known as "Obamacare" — alone (Britt, 6/1).
Also, House Minority Leader Nancy Pelosi, D-Calif., offers her prediction about the outcome of the high court's deliberations -
Los Angeles Times: Pelosi Expects Court To Vote 6-3 In Favor Of Obama Healthcare Law
As Washington awaits the Supreme Court's ruling on President Obama's healthcare law, Rep. Nancy Pelosi (D-San Francisco) said the Affordable Care Act would withstand the constitutional challenge before the court and be upheld. "I know the Constitution – this bill is ironclad," Pelosi, the House minority leader, said Thursday. "It is ironclad" (Mascaro, 5/31).
And President Barack Obama offers a vision of future health care fights to donors -
Bloomberg: Obama Tells Donors Health-Care Fight May Loom After Court Rules
President Barack Obama is confiding to Democratic donors that he may have to revisit the health-care issue in a second term, a position at odds with his publicly expressed confidence that the U.S. Supreme Court will uphold the Affordable Care Act, according to three Democratic activists. As he previewed his agenda for donors at a May 14 fundraiser, Obama said he may be forced to try to revise parts of his health-care plan, depending on how the court rules later this month, said one activist, who requested anonymity to discuss the president’s comments (Nichols, 5/31).