Reported 9 days ago
Healthcare stocks, including UnitedHealth, Humana, and CVS Health, saw significant gains in after-hours trading following the announcement that the US government will increase payments to Medicare Advantage plans by an average of 5%, surpassing the previously proposed increase of over 2%. This decision is expected to generate more than $25 billion in additional revenue for the industry and is aimed at ensuring that Medicare Advantage continues to provide vital services to its beneficiaries.
Source: YAHOO