Forbes September 30, 2019
Was Obamacare good for the average American family? Before you answer, look at this chart…
It shows the stock performance of UnitedHealth (UNH), America’s biggest health insurance company, since 2010:
Now here’s Anthem (ANTM), America’s second-largest health insurer:
And here’s Cigna (CI), America’s third-largest health insurance stock:
Since March 2010, the S&P 500 has gained 154%. These three rocketed 589%, 286%, and 332%.
Talk about a boom!
Obamacare Was the Greatest Thing Ever to Happen to Health Insurance Stocks
In 2009—the year before Obamacare—UnitedHealth turned a $3.8 billion profit. This year it’s on track to rake in $13.5 billion.
You might expect to see a 3.5X surge in profits in a cutting-edge tech stock. But in a tired old industry...