NEW YORK: Shares of U.S. health insurers that have rebounded in the past two months could come under pressure this week as Democrats square off in their first presidential debates, with healthcare policy reform potentially high on the agenda.
Of all healthcare companies, insurer stocks have"the most to win or lose" from the debates, said Martin Jarzebowski, sector head of healthcare for Federated Investors. Among health insurer stocks over that time, Anthem climbed 20per cent, UnitedHealth Group rose 14per cent and Molina Healthcare increased nearly 25per cent.
"The weakness had been more political risk than any kind of fundamental risk to their business," Manuelian said. "If someone that is pounding the table for Medicare for All, no compromise, are they getting rewarded for that in the polls?" said Newshel."Or is there clearly some room for some candidates to talk about incrementalism and not get punished for that?"
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