Will This Kill Obamacare?
One of the most controversial things to come out of Washington DC under President Obama is the Affordable Care Act known as Obamacare. The debate is heating up again after the Supreme Court announced they will hear a case that could change a key piece of the legislation.The law says that people who need tax credits to help pay for their health insurance premiums can receive them if they purchase insurance on an exchange established by the state.
The thing is only 13 states have their own exchanges. If you don’t live in one of these states, the insurance is bought on the site run by the federal government.
Despite the controversy and the problems with the law, there’s no denying that it has had a positive impact on healthcare stocks.
The Healthcare Sector was up more than 25% last year. If you didn’t have exposure to healthcare stocks, you missed out on the hottest sector of the year.
But it’s not too late…
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