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Repeal Obamacare


Affordable Care May Not Be So Affordable

Not everybody feels good about Obamacare. It’s actually called the Patient Protection and Affordable Care Act of 2010 and was upheld by the Supreme Court in June 2012. Since then, the enactment of new sales taxes, funding cuts, and lower reimbursement rates it contains have had a significant impact on the healthcare system.[1] For example, Obamacare imposes a 2.3% excise tax on the sales of medical devices, which industry lobbyist argue could have an adverse effect on job creation, investment in new research and cut up to half of the profits for medical device companies.[2] Not surprisingly, $150 million has been spent by these companies since 2008[2] to repeal the tax while their stock prices have underperformed the overall healthcare sector and the broader S&P 500 by a wide margin. [3] As the implementation of Obamacare begins on October 1st, 2013, Republicans are committed to repealing parts of bill which they believe negatively impact the healthcare system. See More
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Weight Segment & Stocks Symbol 1 YR Return
43.8% Diagnostics 0.5%
17.6% Quest Diagnostics Incorporated DGX 17.3%
12.6% Laboratory Corporation of America Holdings LH 27.7%
6.0% 8xxxxx 8xxx 8xxx 88.8%
2.2% 8xxxxxx 8xxxxxxxxxx 8xxx 88.8%
1.8% 8xxxxxxxxxx 8xxx 8xx 88.8%
1.6% 8xxxxxxx 8xxx 8xxx 88.8%
1.2% 8xxxxx 8xxx 8xxx 88.8%
0.8% 8xxxxxx 8xxxxxxxxxx 8xxx 88.8%
36.3% Assisted Living 14.6%
16.4% Chemed Corp CHE 28.5%
7.9% 8xx 8xxxx 8xxx 8xxx 88.8%
6.3% 8xxxxxxx 8xxxxxxxxx 8xxxxxxxxxx 8xx 88.8%
4.1% 8xxxx 8xxxxxxx 8xxxxxxxxxx 8xxx 88.8%
1.7% 8xx 8xxxxx 8xxxx 8xxx 8xxx 88.8%
19.9% Medical Devices 30.2%
5.1% 8xxxxx 8xxxxxx 8xxx 8xxxx 8 8xxx 88.8%
3.4% 8xxxxxxx 8xxx 8xxx 88.8%
3.1% 8xxxxxx 8xxx 8xxx 88.8%
3.1% 8xxxx 8xxxxxxx 8xxxxxxxxxx 8xxx 88.8%
1.8% 8xxxxxxx 8xxx 8xxx 88.8%
1.8% 8xxxxxxx 8xxxxxx 8xxx 8xxx 88.8%
1.6% 8xxxxxxxxxxxx 8xxx 8xxx 88.8%
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