A D.C. federal judge upheld Friday the Trump administration's expansion of insurance plans that don't comply with the Affordable Care Act — a key part of its health care agenda.
The big picture: The Department of Health and Human Services last year allowed consumers to keep barebones, lightly regulated "short-term" health insurance for up to three years — longer than than the Obama administration had allowed. HHS does have the legal authority to change those limits as it sees fit, Judge Richard Leon ruled today.
UnitedHealth Group's stock fell 2.3% yesterday even though the company continues to print money and raised its profit projections for the rest of the year.
The big picture: Wall Street is quibbling over the "quality" of UnitedHealth's earnings beat, but that doesn't really matter. UnitedHealth remains the most financially powerful private entity in the U.S. health care system, and any reforms would be up against its growing empire.
