Tag Archives: President Obama

Health-sector stocks crumble on increasing uncertainty for Obamacare, Medicare for All and potential drug-price legislation. Oh, and Trump’s Chinese trade tariffs adding to global market woes.

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The News: Healthcare stocks swooned again last week after President Donald Trump on Thursday slammed the pharmaceutical industry for high prices of prescription drugs and vowed to allow US states… Read more »

Senate Passes Tax Reform Bill in 51-49 Vote. Health coverage imperiled as Obamacare’s individual mandate traded for $338 billion in tax cuts.

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The News: By a vote of 51-49, the Senate passed a tax overhaul bill early Saturday morning that included a repeal of the Affordable Care Act’s (ACA) individual mandate, which… 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.

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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 »

Trump’s rejoinder to Senate GOP: repeal Obamacare now, replace it later; or just forget the whole thing.

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The News: US President Donald Trump urged Republican senators on Friday (June 30, 2017) to repeal Obamacare immediately if they cannot agree on a new healthcare plan to replace it,… Read more »

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

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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

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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 »

Trumpcare slowly imploding; perhaps morphing into Obamacare 2.0?

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Steve’s Take: Six years after its passage, the Affordable Care Act has demonstrated it’s far from perfect. But replacing such an immense, complicated law on an accelerated schedule is presenting… Read more »

Republicans set timeframe for introducing ACA replacement; GOP policy statement blames Obamacare for all US health woes past and present, but still mum on alternatives

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The News: Legislation to repeal Obamacare and replace major portions of the healthcare program will be unveiled after a 10-day US House of Representatives recess that begins this week, House… Read more »

GOP keeps promise to begin Obamacare repeal; will Trump’s chameleon stance on universal coverage matter?

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With Republican leaders pressing to dismantle the Affordable Care Act, possibly within weeks, moderate Senate Democrats reached out on Thursday to Republicans, appealing for them to slow down the repeal… Read more »

GOP plans to replace Obamacare with “Universal Access” pivot; much is left to the imagination

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House Republicans, responding to criticism that repealing the Affordable Care Act would leave millions without health insurance, said on Thursday that their goal in replacing President Obama’s health law was to… Read more »