Senate Healthcare Bill "Credit Negative" For Industry

Not only is the US Senate’s health care bill unpopular – a waft of polls show approval in the low double digits with negatives over 50%, opinions which are reasonably consistent across party lines – but the bill will also be “credit negative” for most companies and related debt in the sector, according to a Moody’s report. What is titled the ” Better Care and Reconciliation Act ” is itself on life support. Better Care and Reconciliation Act: Health care change has historically come amid a bipartisan approach Healthcare is one of the most contentious issues bedeviling a society. While…