1-Year Anniversary Of Health Care Reform Marked By Surge In Insurance Company Shares
- Created: Thursday, 24 March 2011 06:56
Stock prices have soared 16% among the United States’ six largest health-care insurance companies in the year since Congress passed the Affordable Care Act.
Among all of the health-care companies in the S&P 500, shares posted an average gain of 6% over the period, according to this article in MarketWatch.
Les Funtleyder, fund manager for the Miller Tabak & Co. Health Care Transformation Fund, says health-care insurers already were seeing improved fundamentals before the Act passed.