Centene, which is a top participant in public health exchanges, jumped 8%, Molina Healthcare rallied 5%, and Oscar Health soared 24%.

Centene, which is a top participant in public health exchanges, jumped 8%, Molina Healthcare rallied 5%, and Oscar Health soared 24%.

Health insurer stocks rose on news the Trump administration will float an extension of tax credits for those who buy individual coverage under the Affordable Care Act.

Trump may have made it more likely that 22 million people receiving premium tax credits will continue to receive full subsidies.

The draft plan suggests Trump is open to extending a provision of Obamacare, but the White House stresses that no plan is final until Trump announces it.