If you're like me, we're all wondering what is going to occur with ACA (Obamacare) once Donald Trump takes office and the charts from Healthcare (XLV) and Biotech (XBI) certainly reflect the concern. With the proposed 21st Century Cures Act, due for Senate passage this week, be the $5Billion dollar "game changer" the sector is waiting for...........or will we be waiting until Congress replaces the unpopular components of Obamacare to see an impact in stock price?
Repealing or replacing Obamacare is fraught with at least six major issues, but perhaps the most significant one is a lack of decisiveness within the Republican party itself. What would Obamacare be replaced with, and how would that change be implemented?
Interestingly, there are at least seven Republican plans that have been tabled to replace Obamacare. Within that group, two of the more prominent ones come from Georgia Rep. Tom Price and House Speaker Paul Ryan.
Tom Price, who is Trump’s pick as the incoming secretary for