Crony Heathcare Insurance and Provider Stocks Surge

In response to the Supreme Court decision in favor of Obamacare subsidies, which will benefit the crony healthcare system, crony healthcare insurance and provider stocks surged today.

Hospital stocks soared 13.19% and HMOs climbed 6.88%. Large cap pharmaceutical company stocks, and generic drug manufacturer stocks were up fractionally.

Aetna closed up 3.99%, United Health +2.65%, Cigna +2.43%, Humana +7.13%, Universal Health +7.73%, Community Health Systems +12.97% and HCA Holding +8.82%.

In contrast, the market overall was down today:

  -RW