Comment by testfoobar

Lets look at stock market returns from when Obamacare passed, March-2010, to today for tech and health insurance stocks:

SPY: about 4X

QQQ: about 6X

GOOGL: about 6X

CI: about 9X (Cigna health)

ELV: about 10x (formerly Anthem)

AAPL: about 19X

UNH: about 20X (united healthcare)

Health Insurance stocks in the US did better than tech stocks after Obamacare passed. Why?