From the smallest biotech to the biggest pharmaceutical stock The Motley Fool's Market Check-Up covers the health-care sector's biggest headlines, hottest market movers, and Obamacare's ongoing rollout.
In this segment, health-care analyst David Williamson takes a look at the latest updates on the Affordable Care Act, specifically the rumors of catastrophically low enrollment numbers. The federally run health insurance exchanges have reportedly only overseen the enrollment of a mere 248 people in their first two days of operation -- and that's despite being active in 36 states! However, it is important to remember that these are not official statistics and while they look terrible, investors and Obamacare proponents and critics alike should not overreact.
The following video dives into the traffic that the insurance marketplace at health care.gov has seen so far and why website glitches may be to blame for these shockingly low numbers. It also covers the future of the health insurance exchanges as they undergo a "tech surge."
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The article Obamacare's Unofficial Enrollment Data Drama originally appeared on Fool.com.Alison Southwick has no position in any stocks mentioned. David Williamson owns shares of Google, Oracle, and UnitedHealth. Follow David on Twitter @MotleyDavid. The Motley Fool recommends Google and UnitedHealth Group. It owns shares of Google and Oracle. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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