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  • Will IT services firms’ healthcare segment have more to gain under the Biden administration?

    While the US government wants to build on the Affordable Care Act, or Obamacare, it will have to roll back some of the changes brought about by the Trump administration that weakened it. Of course, if the Biden administration builds on the ACA, the healthcare segment of IT companies will benefit, says an expert.

  • Trump administration asks Supreme Court to axe Obamacare law

    Government advocate Noel Francisco argued in a filing late on Thursday that the Affordable Care Act (ACA) - one of former President Barack Obama's signature achievements - became invalid after the previous, Republican-led Congress axed parts of it.

  • US Supreme Court rules for insurers over $12 billion Obamacare claims

    The insurers had said that the lower court ruling, if allowed to stand, would have let the government pull a "bait-and-switch" and withhold money the companies were promised.

  • US Supreme Court agrees to hear Democratic bid to save Obamacare

    The Supreme Court's decision to intervene means the fate of the law formally called the Affordable Care Act, the signature domestic policy achievement of former Democratic President Barack Obama, will be on the line during the ongoing presidential race.

  • Trump administration halts billions in insurance payments under Obamacare

    The Centers for Medicare and Medicaid Services said the action affects USD 10.4 billion in risk adjustment payments.

  • US Senate Republicans tie tax plan to repeal of key Obamacare mandate

    In comments that infuriated Democrats and left some senior Republicans unsure what comes next, Senate Republican leader Mitch McConnell told reporters: "We're optimistic that inserting the individual mandate repeal would be helpful and that's obviously the view of the Senate Finance Committee Republicans as well."

  • White House says rollback of Obamacare must be part of short-term fix

    Marc Short, the White House's top liaison to Congress, said on CNN that Obamacare's mandates and taxes would have to be rolled back and consumers be allowed to more heavily invest in health-savings accounts for Trump to sign off on any congressional deal.

  • Donald Trump declares Obamacare 'dead,' urges Democratic help for short-term fix

    "It's dead. It's gone. It's no longer - you shouldn't even mention. It's gone," Trump said of former Democratic President Barack Obama's signature 2010 healthcare law that Republicans have repeatedly tried and failed to repeal.

  • Donald Trump plans to end subsidy payments to Obamacare insurers: Politico

    Trump has repeatedly threatened to stop the payments, which are made directly to insurance companies to help cover out-of-pocket medical expenses for low-income Americans enrolled in individual healthcare plans under the Affordable Care Act, commonly know as Obamacare.

  • Republicans fail again to kill off Obamacare in Senate

    The party was unable to win enough support from its own senators for a bill to repeal the 2010 Affordable Care Act and decided not to put it to a vote, several Republicans said.

  • US Senate rejects full Obamacare repeal without replacement

    The bill which would have given a two-year window to bring a replacement of Obamacare was defeated by 55-45 votes yesterday in the Republican-majority Senate.

  • Donald Trump tax plan faces rockier road after bruising healthcare loss

    Trump's pledge to cut taxes, including a lowering of the rates paid by corporations, was a pillar of his 2016 presidential campaign and provided much of the fuel for the heady stock market rally that followed his Nov. 8 victory.

  • Vote on Obamacare cancelled in stunning defeat for Trump

    House of Representatives Speaker Paul Ryan today withdrew a healthcare bill aimed at repealing and replacing the Obamacare policy from vote as the Republican party failed to muster the votes needed to get the legislation passed.

  • Wall Street rises as bank stocks jump; healthcare vote eyed

    Trump was set to make a final push to secure the votes to begin dismantling Obamacare in the House of Representatives

  • Gold below 3-week peak as dollar recovers; Trump policy in focus

    The immediate focus is on whether Trump can gather enough support in a vote as early as Thursday to pass a bill to roll back Obamacare, a first major test of his legislative ability and whether he can keep his promises to business.

  • Will August 15 see universal health scheme launched?

    While this has been informally discussed with insurers, a final letter of proposal will be sent soon to finalise the arrangement. It is likely that the concerns and suggestions of all stakeholders will be taken in and changes will be incorporated before the scheme is made public.

  • Top trading ideas by SP Tulsian

    In an interview to CNBC-TV18 SP Tulsian, sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.

  • S&P, Dow hit record highs on Trump's policy comments

    In a meeting with state governors on Monday, Trump said his administration would be "moving quickly" on regulatory reforms and that his tax plan would be released after a proposal on Obamacare.

  • Committed to 'very significant' tax reform by August: Mnuchin

    Treasury Secretary Steven Mnuchin said Thursday that he wants to see "very significant" tax reform passed before Congress' August recess, in what could prove a tough task as lawmakers work through a complex agenda.

  • IT, pharma in focus after Trump's tough talk on pricing

    US president-elect claimed pharmaceutical companies were “getting away with murder” with respect to drug pricing; outsourcing of jobs by US firms will soon be a thing of the past.

  • Will repeal, replace Obamacare simultaneously: Donald Trump

    "It'll be repeal and replace. It will be essentially, simultaneously. It will be various segments, you understand, but will most likely be on the same day or the same week, but probably, the same day, could be the same hour," Trump said at his first press conference in six months.

  • As India braces for Trump in 2017, some signals to watch out for

    Trump watchers are still scratching their heads trying to guess what the President-elect‘s policies will look like. His hardline stance on protectionism, anti-immigration, threats to tear up trade pacts and repeal Obamacare has unnerved trade partners.

  • Trump to convene special Congress session to repeal Obamacare

    After being sworn in as US President, Donald Trump would convene a special session of the US Congress to "repeal and replace" Obamacare, the signature healthcare initiative of the outgoing US President Barack Obama, a close aide to the president-elect said today.

  • Trump,US Cong will agree on some issues,long-term questions loom

    A president whose party controls both the Senate and House of Representatives can generally count on getting things done fairly quickly, and Trump likely will not be an exception, despite starting with unusual handicaps.

  • Scrapping Obamacare would hit most pharma cos: Jeff Chowdhry

    Scrapping of Obamacare is sure to impact pharma companies both globally and Indian, said Jeff Chowdhry, Senior Portfolio Manager, LGM Investments.

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