Thursday, March 29, 2012

Obamacare Trial - Good for Insurers

Talking heads like myself can debate til the sun comes up if Obamacare is good or bad for health care insurers. The bottom line is that the price of the shares will provide us with the correct answer.

After the three days of hearings in front of the Supreme Court the consensus is that insurers may not be forced to insure everyone and that would be a boost to the industry.

Stocks on the move include Aetna ($AET), Coventry Health Care ($CVH), Cigna ($CI), UniteHealth ($UNH), Humana ($HUM), and Wellpoint ($WLP).

ETFs to Watch: iShares Health Care Providers ($IHF)

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