This Week’s Health Care Reform Headlines: UnitedHealth Group Inc. (UNH), Centene Corp (CNC)

It’s a topsy-turvy time for health care reform. Fights break out at the federal and state level about Affordable Care Act provisions. Details of plans come into focus. And investors sit back to see who’s going to benefit where from what.

Here’s a look back at the reform news making headlines this week.

UnitedHealth Group Inc. (NYSE:UNH)Federal news
House Republicans back a new bill requiring private health insurers to include details about ACA-related taxes in the annual letters to customers. The thinking is that the disclosures would illustrate how the costs of health care reform will drive up customer premium price, a common Republican counterargument.

Meanwhile, Senate Democrats met with Secretary of Health and Human Services Kathleen Sebelius to discuss problems with how the ACA changes will roll out. Sebelius met with the Senate Finance Committee and one-on-one with its members.

State news
About 17 states currently plan on having health insurance exchanges in place next year. States that don’t meet the exchange creation deadlines — or that don’t plan to make one — will still have access to a general federal exchange. With continued legislative problems, the feds might need to cover more states than previously anticipated.

Minnesota’s House passed a reconciliation proposal on Friday. The move could help iron out Congressional differences on the state’s health insurance exchange in time for the March 31 deadline. The state parties have fought bitterly over the exchange.

While Oklahoma continues to fight the constitutionality of the ACA, Florida received word that the feds would negotiate with the state on a Medicaid expansion alternative. The Sunshine State’s been going back and forth on the issue for weeks, and may seek a waiver similar to Arkansas. But that requires legislators to formulate a defined plan.

Private insurers
The New York State Psychiatric Association and affiliated patients filed suit against UnitedHealth Group Inc. (NYSE:UNH) on Monday, citing insufficient coverage for mental health. If the allegations hold true, UnitedHealth Group Inc. (NYSE:UNH) has violated the requirements for a number of state and federal laws — including the ACA.

Medicaid provider Centene Corp (NYSE:CNC) shares slipped more than 5% Thursday after JPMorgan downgraded the stock from overweight to neutral. The move followed analysis of the ACA’s Medicaid plans and the continued reluctance of states to sign-on for expansion.

The article This Week’s Health Care Reform Headlines originally appeared on Fool.com.

Fool contributor Brandy Betz has no position in any stocks mentioned. The Motley Fool recommends UnitedHealth Group Inc. (NYSE:UNH).

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!