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.
The debates take place on Wednesday and Thursday in Florida - with 10 candidates taking part each night - as Democrats vie for their party’s nomination for president in 2020. Other debates are expected in July and later in the fall. “They have already been hit the hardest when you looked at all of the different Medicare for All proposals,” Jarzebowski said.
Among health insurer stocks over that time, Anthem climbed 20%, UnitedHealth Group rose 14% and Molina Healthcare increased nearly 25%. The companies also “printed solid numbers” in their first-quarter results, said Sahak Manuelian, head of equity trading at Wedbush Securities. How the health insurer stocks perform following the debates may depend on which candidates are perceived as having done well, said Michael Newshel, an analyst with Evercore ISI.
Free-free-free...verse 1 of the Desperation Samba
when politics mostly controls the markets , things are ------ up !
Resurgent Obamacare cancer patient survivors face test at Democratic debates.