HIIQ - Health Insurance Innovations - Buy Rating Reiterated As Addressable Market Poised To Double Into New Year
In my initial coverage of Health Insurance Innovations (HIIQ), I underlined the near term growth potential staring Healthcare investors in the face. President Trump promised to nix the Affordable Care Act's individual mandate penalty, which turned off millions of potential enrollees from short-term medical [STM] insurance. It was clear that President Trump was set on repealing the prior administration's 3-month limitation on STM policies, too.
My follow-up coverage came in the midst of second quarter earnings season after the legislative changes I predicted carried HIIQ up nearly 70%. Management posted yet another estimate