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.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.