U.S. Supreme Court rules in favor of Obamacare task force

• The U.S. Supreme Court on Friday ruled in favor of the Trump administration in a case that challenged the constitutionality of the U.S. Preventive Services Task Force, a key element introduced under the Affordable Care Act, also known as Obamacare, in 2010.
• In a 6-3 decision, the Supreme Court justices struck down a lower court’s ruling that determined that the USPSTF, which plays a key role in determining the type of preventive services health insurers must cover without cost to patients, was composed of invalid appointees.
• Health insurers: UnitedHealth (NYSE:UNH), Humana (HUM), CVS Health (NYSE:CVS), Cigna (NYSE:CI), Clover Health (CLOV) and Alignment Healthcare (ALHC), Centene (CNC), Molina Healthcare (MOH), Elevance Health (NYSE:ELV)

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