HCA Healthcare Inc

NYSE:HCAUnited States

Nov 6, 2024

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• DJ Trump Will Create New Winners and Losers in Healthcare -- Heard on the Street -- WSJ, from 11:17AM ET on Wednesday Nov 06, 2024 by Dow Jones

  11:17AM ET on Wednesday Nov 06, 2024 by Dow Jones
  Companies Mentioned: HUM, UNH, HCA, OSCR, CI, CNC
  
  By David Wainer
  
  For healthcare companies, Donald Trump's victory means very different things depending on which part of the sector they operate in.
  
  For firms offering plans in the exchanges created by the Affordable Care Act (aka Obamacare), as well as Medicaid plans, it could be bad news. That explains why Oscar Health, which derives most of its business from Obamacare marketplaces, was down 8% Wednesday morning while Centene, a big Medicaid operator, was down 5%. But for businesses operating in Medicare Advantage, the privately run system that mainly serves seniors, a Republican victory is expected to provide major regulatory benefits. Under the Biden administration, insurers focused on Medicare Advantage have faced increased scrutiny from the federal government, such as lower annual rate increases. This came at a time when seniors drove up usage of the plans, leading to lower profitability.