Investors in insurance companies may want to pay close attention to Capitol Hill today as Medicare Chief Marilyn Tavenner answers questions from the House Ways and Means Committee. Ms. Tavenner has been tabbed as one of the “fall guys or gals” in the administration’s botched launch of the HealthCare.gov website for Obamacare. The committee seeks to find out what went wrong, as well as whether or not its members can believe President Obama’s promise to have the site fixed by the end of November. Should the Website remain incomplete, the president may have no alternative but to postpone the tax penalties to be imposed on remaining uninsured Americans. The insurance industry fears postponement would only saddle the system with too many higher-cost patients, thus ruining their profitability. So, depending upon Ms. Tavenner’s perceived credibility, investors may see their life insurance shares slide in value, or they may cheer the fact that the HealthCare.gov site will be fixed by the end of November.
Insurance Investors Have Big Day on the Hill
Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns
This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.
Get Access to the Report, 100% FREE
The United States’ largest drug maker, Pfizer Inc., reported that Q3 earnings beat estimates.
PREMIUM SERVICES FOR INVESTORS
Dr. Mark Skousen
Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
- Forecasts & Strategies
- Home Run Trader
- Fast Money Alert
- Five Star Trader
- TNT Trader
A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
- Cash Machine
- Premium Income (exclusively for subscribers of Cash Machine)
- Quick Income Trader
- Breakout Profits Alert
- Hi-Tech Trader
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
- Successful Investing
- High Velocity Options
- Intelligence Report
- Bullseye Stock Trader
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
- Retirement Watch
- Retirement Watch Spotlight Series
- Lifetime Retirement Protection Program
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:
- Investment House Daily
- Technical Traders Alert
- Success Trading Group
Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.
- Dividend Investor