Med Insurers. I looked but did not buy. Yes, there may be a moat, but they are now all in the same boat. (mixed metaphors.) I usually do not post news since you can read that yourself. Mkt overreaction? But as I said >> Not sure how these fit into my criteria of easy to understand and predictable.
Evidently, too complicated, competition, lack of control over costs, and maybe pricing... ????
Shares of Humana fell nearly 12% and its managed-care competitors also dropped Thursday after the Medicare-focused insurer warned... Humana also said it added fewer new members than it had projected during the fall enrollment period for its core Medicare business. The company's news, following UnitedHealth Group's recent disclosure of higher Q4 medical costs, adds to concerns about health insurers' results, particularly in the Medicare business. UnitedHealth, CVS Health, Elevance and Centene were also down.
 |
