Health insurer WellPoint Inc. faces a near-term risk if the Supreme Court decides to overturn the health care overhaul's requirement that most Americans purchase insurance, according to a Leerink Swann analyst.
The court is expected to issue a ruling on President Obama's overhaul sometime this month, and it could strike down the massive law, uphold it or strike down parts of it.
The overhaul, which was passed in 2010, aims to extend health insurance coverage to millions of uninsured people. Insurers will benefit from this potential influx of new customers, but they also face fees and restrictions triggered by the law.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
