00:00 Speaker A
We’re watching some shares of insurers in after-hours buying and selling. United Well being, Humana, CVS Well being, they’re all hovering. The US authorities might be paying non-public Medicare Benefit plans extra money subsequent 12 months than it had initially proposed. These funds will rise by a median of roughly 5%. The Biden administration had proposed a rise of simply over 2%, and that improve might generate greater than $25 billion in further income for the business. The Facilities for Medicare and Medicaid Companies saying in a press release that the transfer is guaranteeing that Medicare Benefit continues to supply entry to crucial providers right here in an accountable method, additional strengthening this system’s capability to serve beneficiaries. So once more, these shares are on the rise.
Source link