What Does Killing Obamacare Do to Health Insurance Stocks?

B y w w w. P r o f i t a b l e Tr a d i n g Ti p s . c o m
WHAT DOES KILLING OBAMACARE
DO TO HEALTH INSURANCE
STOCKS?

http://profitabletradingtips.com/profitable-trading-tips/what-does-killing-obamacare-do-to-health-insurance-stocks
The main issue with Obamacare is
that while everyone wants great
health insurance no one wants to pay
any more than they have to for their
insurance.

The insurance mandate is essential if
the country is to use private insurers
and get everyone insurance
coverage.

Click the links below to get your
FREE training materials.
Free Weekly Investing Webinars
Don’t miss these free training events!
http://www.profitableinvestingtips.com/free-webinar
Forex Conspiracy Report
Read every word of this report!
http://www.forexconspiracyreport.com
Get 12 Free Japanese Candlestick Videos
Includes training for all 12 major candlestick signals.
http://www.candlestickforums.com
Before We Continue…

The insurance mandate has been in
the Republican cross hairs ever since
the bill was passed.

Now, after repeated failures by
congress to repeal the Affordable
Care Act the president is issuing
an executive order as a way around
and an attempt to get rid of
Obamacare.

What does killing Obamacare do to
health insurance stocks?

investor’s business daily offers their
opinions.

while trumpcare couldn’t make it
through congress, trumpcare lite only
needed a single vote – president
trump’s.

with thursday’s executive order, trump
set in motion a plan to weaken
obamacare while opening the door to
insurance options that don’t have to
comply with its regulations.

the move to disrupt the obamacare
exchanges by offering a cheap
alternative to relatively healthy
customers who get little or no subsidy

sent down shares of health insurers
with a sizable presence on the
exchanges.

shares of centene (cnc) fell 2.6%,
while molina healthcare (moh) lost
0.6%.

meanwhile anthem (antm), which has
pulled back on its presence for 2018,
was virtually unchanged in early
afternoon trading on the stock market
today.

trump’s move, though, is positive for
health insurance innovations (hiiq),
which provides short-term health
coverage of the sort that the white
house wants to make much more
widely available.

health insurance innovations rose
1.9%.

What the order does is tell federal
agencies to allow short term health
insurance plans that are cheaper and
don’t offer all of the benefits required
by the Affordable Care Act.

Trump says this won’t cost the tax
payers any money but experts doubt
that

because when young and healthy
subscribers leave the main plans they
drive up the cost for others and that
cost typically falls back on tax payers
to pick up the cost of treating the
poor.

Meanwhile a number of short term
plans may benefit along with the
companies that offer them.

Timing, Rules and Who
Gets Hurt

Like a lot of Trump’s actions this
executive order is offered before
specific rules have been written.

Those rules might not get done in
time to affect plans for the coming
year.

Also the individual mandate part of
the law has a penalty that might apply
to folks who go with the cheaper
insurance option.

Major insurance providers have put a
lot of effort and a lot of money into
setting up and rolling out insurance
plans for the Affordable Care Act.

These folks could end up holding the
bag if the whole system goes down
due to political game playing and
poor planning.

In short if the executive order goes
through a number of small players will
benefit and the big players in the
health insurance and HMO industry
will likely suffer as their stocks fall.

Meanwhile technical analysis may
provide an advantage to traders as
this plays out.

What Does Killing Obamacare Do to Health Insurance Stocks?

Recommended

Recommended

More Related Content

More from InvestingTips

More from InvestingTips (20)

Recently uploaded

Recently uploaded (20)

What Does Killing Obamacare Do to Health Insurance Stocks?