Election Removes Cloud From Health Law's Future

President Barack Obama's re-election removes the last direct obstacle to his signature health-law overhaul, but doubts remain about whether its intricate new insurance system set to debut in 2014 will be ready in time.

Shares of most of the large health insurers declined more than the broader market Wednesday, while hospital stocks showed big gains. Both sectors will benefit from the law's influx of newly insured patients, but insurers also face numerous regulations under the law that could erode their profitability.

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Source: The Wall Street Journal