{"id":86580,"date":"2013-07-03T14:48:09","date_gmt":"2013-07-03T18:48:09","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/health-care-stocks-pull-back-on-obamacare-delay.php"},"modified":"2013-07-03T14:48:09","modified_gmt":"2013-07-03T18:48:09","slug":"health-care-stocks-pull-back-on-obamacare-delay","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/health-care\/health-care-stocks-pull-back-on-obamacare-delay.php","title":{"rendered":"Health care stocks pull back on Obamacare delay"},"content":{"rendered":"<p><p>      Shares of hospital operators sold-off Wednesday on delay in      health care reform.    <\/p>\n<p>    NEW YORK (CNNMoney)  <\/p>\n<p>    Investors had been betting that     hospital operators and insurance companies would benefit    from an increase in the number of insured workers under the    law, widely known as     Obamacare.  <\/p>\n<p>    Shares of Tenet Healthcare (THC,     Fortune 500), which operates hospitals and    outpatient centers in 11 states, fell 4% Wednesday.  <\/p>\n<p>    Investors also punished shares of HCA Holdings    (HCA,     Fortune 500), LifePointHospitals    (LPNT), Community Health    Systems (CYH,     Fortune 500) and Health Management    Associates. (HMA,     Fortune 500)  <\/p>\n<p>    The iShares Dow Jones U.S. Health Care Provider Index    Fund (IHF) , which includes drug    stocks like Johnson & Johnson    (JNJ,     Fortune 500) and Pfizer    (PFE,     Fortune 500), was down1%.  <\/p>\n<p>    Shares of major health insurance companies also pulled back.    UnitedHealth (UNH,     Fortune 500), Humana    (HUM,     Fortune 500)and Aetna    (AET,     Fortune 500) were all down about 0.5%.  <\/p>\n<p>    The     Treasury Department said Tuesday it will delay a provision    in the law that requires businesses to provide their workers    with health insurance or face fines.  <\/p>\n<p>    The decision came after businesses complained about the    complexity of the law's reporting requirement, which applies to    firms with more than 50 full-time employees that don't already    provide coverage.  <\/p>\n<p>    Critics say the law will cause     small businesses to cut back on full-time workers and hire    more part-timers to avoid penalties. But the delay is not    expected to have a major impact on profits for big insurance    companies.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Continue reading here:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/money.cnn.com\/2013\/07\/03\/investing\/health-care-stocks\/index.html?section=money_topstories\" title=\"Health care stocks pull back on Obamacare delay\">Health care stocks pull back on Obamacare delay<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Shares of hospital operators sold-off Wednesday on delay in health care reform. NEW YORK (CNNMoney) Investors had been betting that hospital operators and insurance companies would benefit from an increase in the number of insured workers under the law, widely known as Obamacare. Shares of Tenet Healthcare (THC, Fortune 500), which operates hospitals and outpatient centers in 11 states, fell 4% Wednesday.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/health-care\/health-care-stocks-pull-back-on-obamacare-delay.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-86580","post","type-post","status-publish","format-standard","hentry","category-health-care"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/86580"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=86580"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/86580\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=86580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=86580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=86580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}