Here's Why Healthcare Stocks Are Falling This Week
The future of Obamacare became murkier this week with the passing of longtime Supreme Court Justice Ruth Bader Ginsburg, who affirmed the constitutionality of various parts of the Affordable Care Act (ACA) in numerous of rulings.
If Ginsburg's replacement sides with Supreme Court conservatives against the ACA in an upcoming case, the number of Americans without health insurance could rise by millions, which would cause revenue to fall for healthcare companies. Currently, more than 20 million Americans have health insurance because of Obamacare.
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Source Fool.com
