President Obama is currently fighting to keep his position in the White House, in one of the closest presidential election races of our lifetime. His legacy is the polarizing Affordable Care Act, which Mitt Romney has vowed to repeal if he is elected president.

In the following video, health care analysts Max Macaluso and Brenton Flynn discuss how insurance companies like UnitedHealth Group (NYSE:UNH) and Aetna (NYSE:AET) stand to benefit if President Obama is re-elected and the Affordable Care Act is upheld, as well as why that scenario will be a positive for hospitals. The losers, however, would be the medical device industry, which is set to face hefty new excise taxes.

Brenton Flynn has no positions in the stocks mentioned above. Max Macaluso has no positions in the stocks mentioned above. The Motley Fool owns shares of UnitedHealth Group. Motley Fool newsletter services recommend UnitedHealth Group. 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.