|WellPoint has said it will spend $100 million this year to comply with the new healthcare legislation, according to a report by The Associated Press|
Healthcare expenses will surge, but so will several other categories.
Stocks close lower on Tuesday as shares of Goldman Sachs, Bank of America and Johnson & Johnson decline after the companies reported first quarter earnings.
Stocks closed lower after digesting mixed first quarter earnings data.
A moratorium on the tax is saving insurers, consumers nearly $14 billion this year.