The Patient Protection and Affordable Care Act, now commonly referred to as Obamacare, continues to be a hotly debated topic among both consumers and investors. As the implementation of the law through the health-insurance exchanges continues, it can be hard to predict what the long-term impact of the ACA will be on specific stocks in the health-insurance and hospital industries. However, pharmacy benefit managers, or PBMs, such as Express Scripts (NASDAQ:ESRX) and Catamaran (NASDAQ:CTRX) are poised to benefit from the law.

In the following video, analysts Michael Olsen and Max Macaluso discuss how PBMs work, why Express Scripts and Catamaran are two of the most prominent stocks to follow in this space, and why this sector is set to benefit from Obamacare.

Max Macaluso, Ph.D., and Michael Olsen, CFA, has no position in any stocks mentioned. The Motley Fool recommends and owns shares of, Catamaran, Costco Wholesale, and Express Scripts. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.