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U.S. Day Ahead: Obamacare ruling could slam health insurers

Wednesday, June 27, 2012 - 02:53

June 27 - If the Supreme Court decides to keep Obamacare but strike down a key mandate, expect insurers to see their shares plummet by 10% according to Reuters Health & Pharma Editor Michele Gershberg .

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It's the decision that could change the landscape for health care in the US for the foreseeable future. The Supreme Court is set to rule on president Obama's Affordable Care Act. 26 states have asked the High Court to overturn the reforms arguing. -- -- -- government's authority of the court decides not to uphold the law it could kill the entire legislation or selected provisions. Here's -- health and format editor Michelle walker expert on how might play out for companies. The worst case scenario for health insurers would be for the Supreme Court to strike down the individual mandate that requires all Americans to buy health insurance. But uphold the rest of the law which would extend coverage to millions more people. Wall Street investors see a ruling like not hitting. Large health insurance companies like at now WellPoint UnitedHealth by as much as 10% immediately afterwards. And for three reasons why obamacare will survive check out our YouTube channel headquarters dot com slash writers TV. So is it increased in motion and research in slow motion where research in new motion. The company will tell investors how progress it's making in transforming its Dick -- business when it reports results. On Monday it Morgan Stanley analysts that the Blackberry maker would have to shrink considerably to survive. That sent its shares down 7% and they haven't reclaimed much ground since that. We'll get a better idea of who is winning the race between Nike and indeed as when Nike comes out with results. The world's biggest sports gear maker looks like it will reap the rewards of Euro 2012 and Olympics sales. But some analysts are worried -- company may not be able to keep up its pace given how demand for sports goods changes from one season to and other. Don't get sidetracked by the final read of GDP data had these are not -- you're looking for. And that I have far says pay attention to initial jobless claims they look like they will stay near 2012 hype. For now depending on what happens in Europe. And don't forget the fact we'll get to hear from to keep policy makers first on the block is the Federal Reserve's Cleveland president Sandra can now tell. She's followed by her -- counterpart Richard Fisher. Both are from opposite ends of the spectrum in utmost support stimulus Fisher is a critic. Any image that could make headlines on Thursday. So god does come true sometimes Google launched a new tablet. The nexus seven was shown off at the company's developers conference. It's take on the likes of apple and Amazon. Is a bold or foolishness depending on who you talk to. Especially given the iPod ability to crush -- competitors. I just wonder what theory with say about. Work covered featured a follow us on Twitter at Reagan insider -- -- mom this is greater.