$CNC (+1,34 %)
$CI (-0,85 %)
$OSCR
$UNH (-1,86 %)
$HUM (+0,54 %)
$CVS (+0,65 %)

$CNC (+1,34 %) Centene has withdrawn its earnings guidance for 2025 after new data showed significantly higher morbidity and lower than expected growth in the Marketplace business. This resulted in a decline in net revenue from risk adjustment of approximately $1.8 billion and a decline in earnings of approximately $2.75 per share. Medicaid costs are also rising, particularly in the areas of mental health, home care and expensive drugs in states such as New York and Florida. $CNC (+1,34 %) plans a price correction for 2026 and will provide more information in its Q2 results on July 25.

Oscar Health $OSCR is also down due to its high presence in this area, as are other insurance stocks such as $HUM (+0,54 %) , $CI (-0,85 %) and $UNH (-1,86 %) . $CNC (+1,34 %) will announce further details on its Q2 results on July 25.

Centene $CNC (+1,34 %) has withdrawn its forecast for 2025 due to rising ACA/Medicaid costs. (The Affordable Care Act (ACA), also known as ObamacareACA) accounts for 72% of the business of $CNC (+1,34 %) business.

$UNH (-1,86 %) has withdrawn from many ACA markets and it now accounts for only a small part of their business.

$CNC (+1,34 %) also reported that Medicare Advantage plans are doing better than expected, could be a positive for $UNH (-1,86 %) positive as many people now have to self-insure.