U.S. HHS Coverage For Half A Million Children And Families Will Be Reinstated; CMS Requires States To Pause Disenrollment's Of Medicaid And Children's Health Insurance Coverage
Portfolio Pulse from Benzinga Newsdesk
The U.S. Department of Health and Human Services (HHS) has announced that coverage for half a million children and families will be reinstated. The Centers for Medicare & Medicaid Services (CMS) has required states to pause disenrollment's of Medicaid and Children's Health Insurance Coverage.
September 21, 2023 | 6:32 pm
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The news may indirectly impact SPY, an ETF that tracks the S&P 500, as it includes companies from the healthcare sector. The reinstatement of coverage could lead to increased revenues for these companies.
The reinstatement of coverage by HHS could lead to increased revenues for healthcare companies, which are part of the S&P 500 index tracked by SPY. This could potentially lead to a positive impact on the ETF's performance.
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IMPORTANCE 60
RELEVANCE 50