Legislative Impact - The failure to extend Affordable Care Act (ACA) subsidies is expected to lead to significantly higher monthly premiums for millions of enrollees starting in January [6][7] - The legislative deadlock occurred on a 51-48 vote, effectively ending Democratic efforts to prevent price hikes during the current session [5][6] Company Impact - Major health insurers, particularly those heavily exposed to ACA exchanges such as Centene Corp., Molina Healthcare Inc., and Oscar Health Inc., are expected to face headwinds due to the legislative impasse [7] - Hospital operators like HCA Healthcare Inc. and Tenet Healthcare Corp. may encounter increased risks, as a potential drop in coverage due to rising premiums could lead to a surge in uncompensated care and bad debt [8]
Elizabeth Warren Slams GOP For Leaving Families 'In the Dirt,' Warns Of Higher Costs As 'Last Chance' To Save ACA Subsidies Fails - Centene (NYSE:CNC), HCA Healthcare (NYSE:HCA)