Obamacare Extension Boosts Healthcare Stocks

Healthcare Stocks Surge as White House Mulls Obamacare Subsidy ExtensionThe healthcare sector experienced a significant boost today, following a Politico report suggesting the White House is contemplating a two-year extension for Obamacare subsidies. This proposed extension would expand eligibility and prolong current subsidies, benefiting health insurance providers and potentially stabilizing the ACA marketplace.Notably, stocks like Alignment Healthcare, Hims and Hers Health, and Surgery Partners saw substantial increases, with Alignment Healthcare climbing by 6.5% and Hims and Hers Health by 6.2%. This market reaction underscores the potential impact of policy changes on large sectors like healthcare, presenting opportunities for investors in high-quality stocks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.