You're watching...
FBN's Ashley Webster breaks down the stocks that will be the winners and losers on the Supreme Court case.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
All because it is and you know that's the final day of arguments -- -- on the constitutionality.
Of president Obama's health care law before the Supreme Court.
This morning it was all about what happens if the individual mandate is struck down -- top insurance companies don't like this but.
Which stocks will come out winners who could be the losers here assets -- joins me night and you're looking at the financial side.
I am and you know what it's very confusing because we know this health law is incredibly complex so -- Even if it is upheld even -- portions of it -- -- -- -- struck down.
Both sides of the coin could win and lose let me explain here now today health stocks have underperformed compared to the broader market.
For example the NYSE health -- index is up to us -- three point 6% as compared.
To the S&P 511%.
Rise but if the Supreme Court upholds the law -- perhaps most of it the health care sector that could generally.
Get a bit of a bomb but there on the slow many nuances of the healthcare legislation is in the very least.
Complex so the outcome -- health -- stocks can cover a wide range let's assume the law is upheld.
Who all the winners and the losers here we go all the way this life insurers.
Thirty million new subscribers by 2014 I'll hop.
They also -- sleep public option bullet if you -- could have been could have been enjoying -- profit since the little -- But they could see millions of new customers Bible Bible to -- health coverage Medicaid insures expanding coverage means more business of course.
Many look at some of the winners here amount Medicaid -- -- is Molina health -- Centene Corp.
And so one hospitals yes they could also be a -- up.
-- more patients could be a nudge short to -- less pain as far as -- hospitals getting patients who cannot pasty looking HCA.
Tenet.
Tenet Healthcare that's TH C.
And yes the drop and bio tech companies more insurance yes means more prescriptions written.
And handed out by doctors.
That's the Colonia losing stocks -- are there are those that may not come out of this so well medical device makers perhaps the biggest.
-- loser if you like give Obama K is in fact.
Signed off by the Supreme Court medical device makers they are gonna have to face a 2.3 percent tax on all of that device sales.
That goes into effect next year companies will likely have no choice in this field with apostle those costs to consumers say helped keep that in mind.
Home health care providers forty billion dollars in cuts over ten years.
That's little less than initially feared.
-- but that's certainly leaves the industry wondering where are there revenues gonna come from congress also concerning whether it's -- -- payment requirement by the way for patients.
And then hospitals we have hospitals on the windows side but we also have hospitals.
On the losing side here's why they are facing a 155 billion dollar.
In Medicare reimbursement -- through 20/20.
Now yes the industry could probably take that hit they generate so much money for the extension of the payroll tax cuts.
Also calls for further reductions in payments for patients who default on that -- -- Look there are winners and losers and you can have the same people on the -- and -- -- bracket but bottom line is.
This is complex that they take out the individual mandate.
Stipulation in the health -- and all but two could also change.
I -- congress have to add between three rationing congress would have to come back -- -- three address the entire I'm not pro.
Both financially works not without individual Nevada that's exactly -- news had an industry veteran tells state Medicaid does this look state Medicaid programs expand to the point where it.
Back and loan could be budget -- for the state -- Ashley Webster bank can't you'll settlement I don't -- -- -- --
