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The White House is confident Congress can finalize a bill to repeal and replace the Affordable Care Act (Obamacare) by the time lawmakers go on their August recess, White House spokesman Sean Spicer said on Friday.

Spicer contended that the prospects for the Senate to pass the healthcare reform bill were "very high," clearing the way for a final negotiated bill to clear the House and Senate before the August break.

"I think we're going to get this thing done ... and hopefully by the August recess really have Obamacare repealed and replaced," Spicer told Fox News Channel.

Shares of companies related to the bill including insurers UnitedHealth Group (UNH) - Get UnitedHealth Group Incorporated Report , Anthem (ANTM) - Get Anthem, Inc. Report , Aetna (AET) and Humana (HUM) - Get Humana Inc. (HUM) Report were all moving lower during late Friday morning trading, following Spicer's comments.

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