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Health Insurer Stocks Fall, As Trump Pledges to Go After the 'Middlemen'
Episode 1152
Published 1 year, 2 months ago
Description
Description: The shares of major healthcare insurance companies took a fall after President-elect Donald Trump announced he intends to reform the industry and “knock out the middleman.” Among the companies that saw drops in their shares were UnitedHealth Group Inc., CVS Health Corp., and others. Trump’s comments come at an important time, following the recent shooting death of the CEO of UnitedHealthcare, which is an operating division of UnitedHealth Group, the largest single health carrier in the United States.
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