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Ruling against subsidies could hit hospital stocks harder than earnings
Modern Healthcare (complimentary online subscription): ospitals and investors are banking on the Supreme Court or the states to save premium subsidies that have made health insurance affordable for 6.4 million people in 34 states. But the stocks of publicly traded hospital companies could take a big hit if that doesn't happen.Hospital executives are nervously anticipating the high court's imminent ruling in King v. Burwell, which could invalidate premium tax credits in up to 37 states using the federal exchange.
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