Tag Archives: President Trump

Obamacare fails to implode as Ohio’s CareSource fills last “bare” US county.

The News: Obamacare plans will be sold in every part of the US next year after an insurer agreed to do business in a small Ohio county, overcoming predictions that… Read more »

Government to make August CSR payment to health insurers; meanwhile, CBO says Trump threat to Obamacare would send premiums 20% higher.

The News: The federal government will make crucial Obamacare-related subsidy payments to health insurers in August despite threats by President Donald Trump to end them, a White House spokesman said last week…. Read more »

Merck’s Frazier leads the way quitting Trump business council after Charlottesville; J&J’s Gorsky’s bail way too late.

The News: One day after J&J chief exec Alex Gorsky pub­licly com­mit­ted to stay­ing on Pres­i­dent Don­ald Trump’s man­u­fac­tur­ing coun­cil, he abruptly re­versed course–just as the sud­den mass departure of ex­ec­u­tives forced… Read more »

Centene rescuing Obamacare as just two US counties still lack insurers for 2018.

The News: Centene Corp. (St. Louis MO) on Tuesday (August 15, 2017) said it will sell Obamacare plans in Nevada’s remaining 14 “bare” counties in 2018. The insurer previously announced… Read more »

Zynerba sinks twice as cannabis trials flop; strike three looms, so where’s the Ouija board?

The News: Zynerba Pharmaceuticals Inc. (ZYNE) lost more than half its value last week to $7.03 after the drug developer said its synthetic cannabis-based gel for epilepsy failed a mid-stage… Read more »

GOP’s latest health bill looking more like a white flag on Obamacare repeal promise; McCain’s return won’t save McConnell’s maneuvers.

The News: Shortly after Senate Majority Leader Mitch McConnell unveiled a revised bill last Thursday to overhaul the US healthcare system, lawmakers undecided about the proposed changes to Medicaid gathered together… Read more »

GOP Senate bill ignites massive rally in healthcare stocks; remember the dot-com era?

US healthcare stocks posted sharp gains last week, with pharma, hospitals and insurers climbing after Senate Republicans released a draft bill to scrap Obamacare, while a recent explosion in biotech… Read more »

Rather than imploding per Pres. Trump, Obamacare actually stabilizing per S&P report; who to believe

The News: The Obamacare markets are stabilizing for insurers, said a report released by Standard & Poor’s Financial Services LLC (NYC), but that could change if lawmakers choose to alter… Read more »

Stock markets closed Friday prior to collapse of Trumpcare; health sector’s biggest winners & losers as of March 24, 2017

Republican bickering has led to the biggest rout yet for President Trump’s early administration. As I expected, the GOP plan to gut the Affordable Care Act collapsed Friday (March 24,… Read more »

GOP can’t handle the truth: millions to lose coverage under Trumpcare

Steve’s Take: Remember President Trump’s pre- and post-election promise, no, it sounded more like a guarantee, of “insurance for everybody?” Then last week, the Trump-backed House bill, when finally unveiled… Read more »