Obamacare's Latest Enrollment Numbers: Good News or Bad News?
The implementation of the Patient Protection and Affordable Care Act, more commonly known as Obamacare, largely hinges on the success of the online health insurance marketplaces. Many of the technical problems that hindered enrollment in October appear to have been repaired. However, with only 258,497 individuals signing up for a health insurance policy in November, enrollment numbers are still far below original projections.
The open enrollment period will close at the end of March, so should investors panic if the monthly numbers reported by the Department of Health and Human Services continue to look weak? How will lackluster enrollment affect health insurers such as WellPoint , and over what time horizon should investors be looking? Analysts Michael Olsen and Max Macaluso discuss these important topics in the following video.
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The article Obamacare's Latest Enrollment Numbers: Good News or Bad News? originally appeared on Fool.com.Max Macaluso, Ph.D., and Michael Olsen, CFA, have no position in any stocks mentioned. The Motley Fool recommends and owns shares of WellPoint. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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