BySiladitya Ray,
Forbes Staff.
Shares of top health insurance firms fell sharply in premarket trading Tuesday morning, after the Trump administration issued a proposal that would keep Medicare payment rates flat in 2027, falling short of Wall Street expectations.
In premarket trading, UnitedHealth Group’s shares fell nearly 9% to $317.51, while CVS Health’s stock price dropped 9.38% to $76.
Centene’s stock price fell to $44.26, down 4.36% from Monday’s close, while Elevance Health’s shares dropped nearly 7% to $350.93.
