Representatives of the House Committee on Energy and Commerce sent a letter to UnitedHealth (UNH) questioning the company about its sale of short-term limited duration health insurance plans, or STLDI, stating in the letter that the “Committee’s examination of these plans has yielded disturbing information about STLDI.” Shares of Health Insurance Innovations (HIIQ) and eHealth (EHTH) dropped after Politico’s Alice Miranda Ollstein reported via Twitter that House Democrats are launching an investigation into “some of the biggest companies” that sell short-term health insurance plans. In afternoon trading, shares of eHealth are down 4% while Health Insurance Innovations is down 16%
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