UnitedHealth Group (UNH) is leading other US insurers' stocks lower after the company's CEO, Andrew Witty, flagged a "disturbance" related to Medicaid reimbursement rates. After the expiration of a COVID-19 policy that mandated that states maintain enrollment for those covered by government Medicaid programs, states have begun to disenroll people from Medicaid. Josh Lipton and Julie Hyman discuss how disenrollment has become a larger problem than insurers anticipated. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
In the most recent trading session, UnitedHealth Group (UNH) closed at $503.68, indicating a -0.88% shift from the previous trading day.
We recently identified the best dow stocks according to hedge funds. UnitedHealth Group Incorporated (NYSE:UNH) is one of the two healthcare stocks on our list. To check the other healthcare stock on our list, go to 8 Best Dow Stocks to Buy According to Hedge Funds. On May 17, the Dow Jones Industrial Average (^DJI) […]