Healthcare Sector Downgraded, Citing ‘Unstable, Evolving’ Obamacare Regs

Moody’s Investors Service has downgraded the U.S. Health Insurance sector from stable to negative, citing Obamacare as the reason.

“While we’ve had industry risks from regulatory changes on our radar for a while, the ongoing unstable and evolving environment is a key factor for our outlook change,” said Stephen Zaharuk, a Moody’s senior vice president and author of the report.

“The past few months have seen new regulations and announcements that impose operational changes well after product and pricing decisions were finalized.”

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