If you're looking for a winner to emerge from Obamacare, eHealth (NASDAQ:EHTH) just might be your champ.
Though not a household name to most, eHealth.com is a platform that allows individuals to sign up for health insurance offered by various providers. eHealth then receives commissions from insurance networks such as Aetna (NYSE:AET) for each month that an insurance policy is active. With the government now mandating that all Americans have insurance, business has been on a tear.
But the story got even better yesterday, when the Obama administration said it would allow consumers to automatically renew health plans that they enrolled in through the federal exchange. eHealth has partnered with Healthcare.gov to sign up many of these consumers, and automatic renewals could mean a lot more money in its pocket over the lifetime of the plans.
In the following video, Rule Breakers analyst Simon Erickson and Stock Advisor analyst Jason Moser ook at eHealth's business and a few metrics they're keeping an eye on going forward.