These 11 Health Insurance Corps had an average stock price increase of an off-the-charts 245% since President Obama took office. This is 2.1 times the 117% increase in the S&P 500 Index over the same time period. And all 11 Health Insurance Corps had their stock prices more than double during the Obama Administration.
The Stock Market is much smarter than any Democrat or Republican. And it is pretty clear that the very perceptive Stock Market is signaling that Health Insurance Corps are and will continue to do extremely well under the Affordable Care Act (ACA). And the Stock Market is also signaling that the ACA has been working quite effectively and will continue to work very well in the future.
Below here are the common stock prices for each of these Health Insurance Corps on yesterday's close December 31, 2013 or when a company was acquired and also on January 16, 2009.
Stock | Stock | |||
State | Price | Price | % | |
HQs | 12-31-13 | 1-16-09 | Increase | |
Health Insurance Corps | ||||
WellCare Health Plans | FL | $70.42 | $11.63 | 506% |
Cigna | CT | $87.48 | $15.27 | 473% |
Coventry Health | MD | $49.99 | $12.66 | 295% |
Amerigroup | VA | $91.70 | $28.32 | 224% |
Humana | KY | $103.22 | $33.28 | 210% |
Centene | MO | $58.95 | $19.08 | 209% |
UnitedHealth Group | MN | $75.30 | $25.50 | 195% |
Molina Healthcare | CA | $34.75 | $12.66 | 174% |
Aetna | CT | $68.59 | $27.49 | 150% |
WellPoint | IN | $92.39 | $37.89 | 144% |
Health Net | CA | $29.67 | $13.96 | 113% |
Average Increase: all 11 Health Insurance Corps | 245% |