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Health Insurance Earnings Surge and Setbacks | Business and Finance News
Description
Health insurers delivered a mixed but mostly bullish quarter: overall revenue beat forecasts and stocks surged an average of 40%. UnitedHealth led with $111.7B in revenue, up 30% since reporting, while Cencora stumbled, missing targets and seeing its stock dip. Progyny stunned with a revenue beat and aggressive guidance upgrade, rocketing 56%. Amid aging populations and rising costs, AI’s role in underwriting and claims processing looms as a major investor question.
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