Thanks to ACA, health sector stocks boom

Hospitals and insurance companies are raking in profits thanks to the Affordable Care Act, reports CNBC.

At the country’s largest hospital chain, executives estimate that the law accounted for a third of third-quarter profit growth and as much as 4 percent of the company’s adjusted income. Also, Penn.-based Universal Health Services attributed 40 percent of its profit gains to the law, according to the article.

Read more below:

Trimed Popup
Trimed Popup