What Are The Chances Of Getting Rid Of Obamacare?


TYT Network

Probably not much.

On Thursday, for the second time in three years, the Supreme Court rejected a major lawsuit against the Affordable Care Act (Obamacare), thereby preserving the largest expansion in health coverage since the creation of Medicare and Medicaid half a century ago, writes the Huffington Post.

The stakes of the case, King v. Burwell, were enormous. Had the plaintiffs prevailed, millions of people who depend upon the Affordable Care Act for insurance would have lost financial assistance from the federal government. Without that money, most of them would have had to give up coverage altogether.

In an interesting twist, Forbes reported that the Supreme Court decision has helped investment in health care Real Estate Investment Trusts (REITs) – in other words, investing in health care real estate.

Forbes: “As a result, health systems and doctors will now be able to move forward with the certainty they need to make major decisions such as leasing, capital expenditures and other investments.

“The ACA is projected to add an additional 35 to 45 million insured patients into the marketplace. These individuals are expected to increase their utilization of health services, which should bode well for hospitals and physicians volumes – a net positive for hospitals and the owners of on-campus medical office buildings.”

Cenk Uygur of The Young Turks breaks it down.

(Updated post)

http://www.forbes.com/sites/bradthomas/2015/06/29/affordable-care-act-serves-as-strong-tailwind-for-healthcare-reits/

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