"Health Insurers Hit Hard as Medicare Advantage Rates Fall"

Health insurers like UnitedHealth and Humana saw their stocks tumble after the Biden Administration announced that final Medicare Advantage rates in 2025 won't change from initial plans in January, with UnitedHealth and Humana being the largest Medicare Advantage players. Other insurers like CVS Health and Cigna also retreated, as the Centers for Medicare and Medicaid Services revealed that private Medicare Advantage rates will increase an average 3.7% in 2025, impacting various players in the market.