Watching Teladoc Health; Hearing Biden-Harris Administration Takes Action To Make it Easier to Access In-Network Mental Health Care
Portfolio Pulse from Benzinga Newsdesk
The Biden-Harris administration has taken action to make it easier to access in-network mental health care. This could potentially impact Teladoc Health, a telemedicine company that provides online and on-demand healthcare services.
July 25, 2023 | 1:36 pm
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POSITIVE IMPACT
The Biden-Harris administration's action could have a broader impact on the healthcare sector, potentially affecting the SPDR S&P 500 ETF (SPY), which includes healthcare companies.
The SPDR S&P 500 ETF (SPY) includes a number of healthcare companies. Any policy changes that improve access to mental health care could potentially benefit these companies, which could in turn have a positive impact on the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Teladoc Health could potentially benefit from the Biden-Harris administration's action to improve access to in-network mental health care.
As a provider of online and on-demand healthcare services, Teladoc Health stands to benefit from any policy changes that make it easier for people to access in-network mental health care. This could lead to an increase in the number of users of Teladoc's services, potentially boosting its revenues and positively impacting its stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80