The uncertainty over the future of health care has exacted a toll on the industry. ETFs like iShares Dow Jones US Healthcare Provider (NYSEARCA:IHF), Pharmaceutical HOLDRs (NYSEARCA:PPH) and iShares Biotechnology (NASDAQ:IBB) all will be affected differently by changes in legislation.
One fact remains indisputable, however: America is getting older. As baby boomers reach old age, health care costs are expected to skyrocket. Whether or not new legislation transforms our existing system, costs likely will rise over the long term.
Picking individual drug companies or health care providers can be a tricky business, as outside factors like…READ MORE