$UNH (+1%)
$CNC (-0.84%)
$US60855R1005 (-2.37%)
$ELV (+0%)
$CVS (+1.27%)

How the loss of $CNC (-0.84%) and $US60855R1005 (-2.37%) shows, Medicaid is charity care because you lose money when you care for the sickest and poorest population. To make a profit, you want as few Medicaid patients as possible.

$UNH (+1%) is in a better position ✌️

$CNC (-0.84%)

Next sale in the health insurance sector ?

🔹 Revenue: USD 48.74 billion (estimated USD 44.24 billion) ✅

🔹 Adjusted earnings per share: ( USD 0.16) (estimated USD 0.23) ❌

🔹 Health insurance ratio: 93.0% (estimated 91.6%) ❌ ; increase of +5.4 percentage points compared to the previous year

🔹 Total income from premiums and services: USD 42.47 billion; increase of 18% compared to the previous year

🔹 Selling and administrative expenses ratio: 7.1 %

Segment revenue:

🔹 Medicaid: USD 21.72 billion; increase of 7% compared to the previous year

Commercial: USD 10.07 billion; increase of 18% compared to the previous year

🔹 Medicare: USD 9.45 billion; increase of 58% compared to the previous year

🔹 Other: USD 1.22 billion; increase of 1% compared to the previous year

Other metrics

🔹 Cash flow from operating activities: USD 1.79 billion

🔹 Payability days for claims: 47 days

CEO comment:

➡️ "We are disappointed with our second quarter results, but have a clear understanding of the trends that impacted our performance and are working diligently and with focus to restore our earnings performance." - Sarah M. London

➡️ "Despite the changing landscape, we believe the staying power of Medicaid, Medicare and the Individual Marketplace is stronger than ever." - Sarah M. London

$UNH (+1%)
$US60855R1005 (-2.37%)
$CVS (+1.27%)
$CI (-0.93%)
$XDWH (+0.13%)

$ELV (+0%)

• EPS: $8.84 vs $9.07 expected ❌
• Revenue: $49.4 billion vs $48.14 billion expected ✅
• FY25 EPS guidance: $30.00 vs $34.48 consensus ❌

• Benefit cost ratio: 88.9%; increase of +260 basis points compared to the previous year
• Operating expense ratio: 10.1 %; decrease of -160 basis points compared to the previous year

The second-largest health insurer reported its profits. Although these were below consensus, they were not too bad given the panic in the industry.

The benefit cost ratio was 88.9%, an increase of 260 basis points from the previous year, reflecting the trend toward higher medical costs, particularly in the Medicaid business and ACA health plans.

CEO Comment:

• "In the second quarter, Elevance Health made significant progress in delivering a simple and personalized experience for our customers while advancing our efforts to improve efficiencies across the health system ... With the embedded earnings power of our diversified Health Benefits and Carelon businesses, we remain confident in our ability to deliver at least 12% compound annual growth in adjusted diluted earnings per share over time." - Gail K. Boudreaux

$UNH (+1%)
$CNC (-0.84%)
$US60855R1005 (-2.37%)
$CVS (+1.27%)
$OSCR (-2.19%)

Molina $US60855R1005 (-2.37%) - 80 %

Centene $CNC (-0.84%) - 52 %

Elevance $ELV (+0%) - 25 %

UnitedHealth $UNH (+1%) - 11 %

CVS Health (Aetna) $CVS (+1.27%) - 6 %

Companies that in my opinion have upside potential on positive news.

Healthcare sector in general with a lot of catch-up potential, can in my opinion be well overplayed. $XDWH (+0.13%) play.

Do you have any sectors that you play via ETFs and if so, which ones?

I would be interested, I will probably now also set up a savings plan on $DAPP (-0.63%) and make a first purchase.

• Expansion of the money supply
• Possible fall in interest rates
• Debt of the USA (repayment 1/3 this year)
• and much more

In my opinion, this should $BTC (+0.52%) and a large part of the associated companies.

(Even if we are already somewhat further advanced)

Looking forward to your opinions and sector ETF's, even if they are only short term positions.

Normally I only go for individual stocks, but as I hardly want to hold cash, I feel very comfortable in the healthcare sector at the moment. ✌️

Beat the S&P500 Challenge

I have been thinking about which stocks I could use to beat the S&P500 index.

After a lot of research, I have now decided on 20 American shares, which I will save 100 euros/month each in savings plans from 01.04.2024. As I didn't want any overlaps/duplications with my ETFs (World and Consumer Staples), I chose companies from the second tier. Perhaps one or two of the stocks will also be of interest to you 😉

The portfolio will contain the following shares:

$AME (-0.06%)

$APH (+2.22%)

$ANET

$AJG (+1.37%)

$CMG (-1.01%)

$FIX (+0.15%)

$EME (+0.04%)

$IT (+1.42%)

$HUBB (+0.54%)

$INTU (+2.3%)

$KAI (-1.15%)

$KLAC (+0.57%)

$MMC (+0.71%)

$MEDP (-0.34%)

$MOH (-2.37%)

$RSG (+0.44%)

$SNPS (+3.89%)

$URI (+0.25%)

$VRTX (-0.59%)

$GWW (-1.37%)

I know that it will be difficult to beat the S&P500, but I still want to try...