CNBC: Health-care stocks plunge after federal judge rules Obamacare unconstitutional
U.S. District Court Judge Reed O’Connor of Texas argued that the Affordable Care Act can not stand on its own since Congress last December repealed the individual mandate, which imposed a tax penalty on consumers who went uninsured.
The controversial ruling about the Affordable Care Act isn’t just potentially impacting health insurance, it’s also leaving a stain on the stock market.
