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On Thursday, June 25, the Supreme Court upheld the healthcare subsidies allowed by the Affordable Care Act, or Obamacare, a big victory for supporters of the legislation. While the impact that Obamacare would have on health insurance companies was initially uncertain, the market now clearly views it as a positive, as evidenced by a 3% jump in morning trading for the stock of UnitedHealth Group, the country?s largest insurer.
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