Stocks of several big carriers outpaced gains on the broader market Tuesday, as enrollment began for a key provision of PPACA. Analysts warn, however, that investors in the sector could be in for a bumpy ride over the next few months.
State-based health insurance exchanges debuted as part of the overhaul's push to eventually provide health insurance coverage to millions of uninsured people. Insurance customers will be able to use these online exchanges to buy coverage with help from income-based tax subsidies over the next few months.
That coverage will start next year, and the exchanges could bring new business to the insurers that participate in them.
But Citi analyst Carl McDonald said initial enrollment may be disappointing.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
