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Health Care Plan Poses Risks for ETFs

|Includes:ANTM, IBB, IHE, IHF, iShares U.S. Medical Devices ETF (IHI), UNH

As the Senate took the U.S. one step closer to national health care on Sunday, some ETFs in the sector could face a second round of Obama-inspired losses. As billions of new taxes are levied on insurers, large pharmaceutical companies and medical device makers, health care subsector exchange-traded funds will face different challenges.

The increasingly likely health care law could smother recent gains seen by medical devices and pharmaceutical ETFs, like the…READ MORE

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Disclosure: IHI IHE IBB
Stocks: IHI, IHE, IHF, IBB, UNH, ANTM