Healthcare's back in play... on markets and in DC. First, the Trump admin announced it's taking another shot at repealing the Affordable Care Act. Then one of the plan's largest providers, Centene, revealed it's acquiring WellCare for a healthy $15B.
Want key details on the deal?... We've got you fully covered:
Politics = Business... WellCare and Centene's enrollment benefited hugely from the Affordable Care Act's expansion of Medicaid, the government health insurance for the poor. If the Trump admin completely upends the Affordable Care Act, at least WellCare and Centene will have a shoulder to cry on.