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Stock impact report

Health insurance CEOs to appear before House committees as premiums soar [MSNBC.com]

Cigna Corporation (CI) 
Last cigna corporation earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: cigna.com/about-us/investors
Company Research Source: MSNBC.com
The CEOs of five major health insurers are set to face a grilling from members of Congress on Thursday as House Republicans seek to place blame for rising health care costs.back-to-back hearingsCongress has few immediate plans to address thelapse in the tax creditsvery slim“Insurance companies are an easy target because they make people miserable through prior authorization review and in many other ways,” said Drew Altman, president and CEO of KFF, a nonpartisan health policy research group.The CEOs of United Group, CVS Group, Cigna Group, Elevance and Ascendiun are set to testify.President Donald Trump and Republicans are facing criticismfrom voters about the cost of livingLast week, Trump rolled out hislong-awaited health care planTrump’s plan is not expected to be the focus of Thursday’s hearings.Instead, they are expected to be the first in a series to examine the “root causes” driving higher health care prices, committee Chairs Brett Guthrie, R-Ky., and Jason Smith, R-Mo., sai Show less Read more
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