UnitedHealth warns of rising healthcare expenses as health insurance stocks plummet
Health insurer stocks experienced a decline on Wednesday following a warning from UnitedHealth Group about higher medical costs. The company highlighted that older Americans are starting to catch up on surgeries they delayed during the Covid-19 pandemic (source). As a result, UnitedHealth’s shares, the largest U.S. health-care provider by market value, closed around 6% lower, …
