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UnitedHealth's stock is plunging on higher medical costs. That may mean trouble for more insurers - TL;DR CNBC

UnitedHealth's stock is plunging on higher medical costs. That may mean trouble for more insurers

Publishing timestamp: 2025-04-17 14:34:59


Summary

UnitedHealth Group's stock sank after slashing profit forecast due to higher medical costs in Medicare plans, potentially signaling trouble for other companies with similar plans. Insurers have been struggling with rising costs and lower government payments, with UnitedHealth facing scrutiny over billing practices. Despite challenges, insurers may see a boost next year with increased reimbursement rates for Medicare Advantage plans.


Sentiment: NEGATIVE

Tickers: ELVCIHUMUNHALHCCVS

Keywords: health care industrybusiness newsunitedhealth group incbiotech and pharmaceuticalsbusinesselevance health incbiotechnologycvs health corppharmaceuticalsbreaking news: businesscigna grouphumana incalignment healthcare inc

Source: https://www.cnbc.com/2025/04/17/unitedhealths-guidance-cut-may-mean-trouble-for-more-insurers.html


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