Half who now buy own health plan to get aid

Wochit 0:54 mins

A new private study by the nonpartisan Kaiser Family Foundation indicates that about half the people who now buy their own health insurance would qualify for federal tax credits to offset rate shock when Obamacare goes into effect. Many other people, however, earn too much money to be eligible for help, and could end up paying more. Erin Gibbs, Equity Chief Investment Officer at S&P's Investment Advisory Services, sees stocks heading higher, even with a cautionary assessment of the US economy. U.S. producer prices were flat in July and pointed to very little inflationary pressure in the economy, which could add to worries at the U.S. Federal Reserve that inflation is running too low.

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