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On Day 1 of open enrollment, insurance stocks jump
Modern Healthcare

As Americans across the country began signing up on Tuesday for health coverage through state- and federally operated insurance exchanges, health insurance company stock prices reflected optimism about the impact of the healthcare reform law’s extension of coverage to millions of uninsured people. The market bump is a reversal from last year when commercial insurers took big hits to their share prices after the U.S. Supreme Court upheld the key elements of the Patient Protection and Affordable Care Act. Payer stocks suffered again after President Barack Obama was re-elected.