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3.20153776363435E-07 -0.00115223344076621 -0.00115223344076621 -0.00262494081157067 -0.0038095097837394 -0.00419369431525359 0.000208420108346535 -0.0115732388580882
Stock impact report

Health Insurance Stocks Are Soaring on a Medicare Update. Here's What You Need to Know. [Yahoo! Finance]

UnitedHealth Group Incorporated (DE) (UNH) 
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
Company Research Source: Yahoo! Finance
Health insurance stocks have been under pressure lately, in the face of rising expenses and political frustration with high healthcare costs. Health insurer stocks are surging after a bigger-than-expected boost to Medicare Advantage payment rates. The Centers for Medicare and Medicaid Services on Tuesday said the amount it pays private insurers to administer Medicare Advantage plans will increase nearly 2.5%, or about $13 billion, next year. The CMS in January proposed increasing payments by less than 0.1% , or about $700 million. UnitedHealth Group ( UNH ) shares were up over 10% in recent trading, leading gains on the S&P 500 and Dow Jones Industrial Average following the news. Humana ( HUM ) rose about 9%, while Aetna owner CVS Health ( CVS ) advanced 6%, and Elevance Health ( ELV ) climbed 3%. Why This Matters to Investors The higher rate represents a major win for health insurance providers, and could mean an additional $13 billion in payments tied to Medicare Advantag Show less Read more
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