US health insurer stocks plummet on Trump Medicare spending plan
White House proposal would keep reimbursement rates about flat and cut into revenue of coverage providers
White House proposal would keep reimbursement rates about flat and cut into revenue of coverage providers

UnitedHealth and Humana drop more than 10% after hours on Monday on news of Trump administration’s plan

UnitedHealth and Humana stock rallies as subsidies for certain healthcare programmes are set to rise

Government subsidies that lower premiums for 22mn Americans will expire on December 31

Move is latest broadside by Trump administration against pharmaceuticals industry that fought to derail changes

Pharmaceutical companies seek to make up any lost revenue after striking deals with Donald Trump to lower costs in US

US health and insurance company profits shrink as patient care costs surge after difficult start to 2025