S&P 500 Health Care Stocks Bet ACA Deal Will End Government Shutdown

S&P 500 Health Care Stocks Bet ACA Deal Will End Government Shutdown

S&P 500 Health Care Stocks Bet ACA Deal Will End Government Shutdown

S&P 500 health care stocks mounted a huge rally on Friday, likely for more than one reason. Oscar Health (OSCR), whose main business is providing Affordable Care Act marketplace coverage, suggests one likely explanation is belief in a bullish outcome for renewal of expanded ACA premium subsidies, which is central to the government shutdown. However, prediction markets aren’t expecting a…