Report
Jake Strole
EUR 100.00 For Business Accounts Only

ACA Ruled Unconstitutional by District Court, but We See No Near-Term Impact to Fundamentals

On Dec. 14, Judge Reed O'Connor of the Northern District of Texas issued a ruling effectively declaring the Patient Protection and Affordable Care Act, or ACA, unconstitutional. For now, we're assuming little will change for the companies we cover in the healthcare sector over the near term as the ruling will likely make its way through the appeals process. We wouldn't be surprised to see this case as the third appearance the ACA will make in front of the U.S. Supreme Court, but the potential ti...
Underlying
Cigna Corp

Cigna is a holding company. The company is a global health services organization. Through its subsidiaries, the company provides a set of medical, dental, disability, life and accident insurance and related products and services. The majority of which are provides through employers and other groups such as governmental and non-governmental organizations, unions and associations. The company also provides commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals in the U.S. and selected international markets. The company's segments include: Global Health Care; Global Supplemental Benefits; Group Disability and Life; and Other Operations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jake Strole

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