Investors could be excused for avoiding health insurance and hospital stocks as a U.S. Supreme Court decision nears on President Barack Obama's health care overhaul law an outcome that could send the companies' shares down 10% or more.
Three major U.S. health insurers that provide coverage to millions of Americans said they would keep some protections included in President Barack Obama's health care overhaul regardless of how the Supreme Court rules on the law.
UnitedHealth Group Inc, the largest U.S. health insurer by market value, said it would maintain the health coverage protections included in President Barack Obama's health care law regardless of how the Supreme Court rules on the legislation.
Employers want to step up programs to encourage healthier behavior among their workers and to control spending on expensive injected specialty medicines, according to a survey by pharmacy benefit manager Express Scripts Holding Co.
Express Scripts won U.S. antitrust clearance on Monday for its purchase of rival Medco Health Solutions following a contentious eight-month review, creating the clear leader in managing prescriptions for Americans.