The broad market’s up move notwithstanding, health insurers and managed care providers are rallying in apparent reaction to the news that Senator Bernie Sanders, a fervent proponent of “Medicare For All,” has dropped out of the race for president.
Selected tickers: CVS Health (CVS +2.5%), WellCare Health Plans (WCG), UnitedHealth Group (UNH +2.0%), Triple-S Management (GTS +4.9%), Molina Healthcare (MOH +6.5%), Humana (HUM +2.8%), Cigna (CI +1.9%), Centene (CNC +3.7%), Anthem (ANTM +5.3%)
https://seekingalpha.com/news/3559377-health-insurers-add-to-rally-sanders-suspends-campaign
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