TheStreet RealMoney
Buy Health-Insurer ETF on Dips

By Don Dion

About this article:
President Obama's new health-care proposal could derail the iShares Dow Jones U.S. Healthcare Provider ETF early this week, but risk-tolerant investors might consider the coming Congressional summit as a buying opportunity. IHF is a health-care subsector fund and the only one focused on insurers. Its components include UnitedHealth Group, Aetna, Humana and WellPoint, which has becoming a lightning rod for criticism of the industry after it recently raised rates on some California customers by as much as 39%. WellPoint has defended its increase as unavoidable, in light of rising health costs. Obama released his latest health-reform proposal this morning, including restrictions on insurers' premium increases that seem tailored to harness the recent popular anger, and frame the debate for an all-day televised bipartisan health-care summit on Thursday. The rising cost of health care and higher premiums have angered businesses and consumers alike. Health insurers have been on the...

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