$CNC (+5,28%)
$CI (+0,78%)
$OSCR
$UNH (+1,16%)
$HUM (+1,36%)
$CVS (+1,18%)

$CNC (+5,28%) Centene has withdrawn its earnings guidance for 2025 after new data showed significantly higher morbidity and lower than expected growth in the Marketplace business.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 (+5,28%) 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 (+1,36%) , $CI (+0,78%) and $UNH (+1,16%) . $CNC (+5,28%) will announce further details on its Q2 results on July 25.

Centene $CNC (+5,28%) has withdrawn its forecast for 2025 due to rising ACA/Medicaid costs.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 (+5,28%) business.

$UNH (+1,16%) has withdrawn from many ACA markets and it now accounts for only a small part of their business.

$CNC (+5,28%) also reported that Medicare Advantage plans are doing better than expected, could be a positive for $UNH (+1,16%) positive as many people now have to self-insure.