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Sunday, December 8, 2024

Health Care Sector Declines as UnitedHealth Slides

 Health-care companies fell amid concerns about rising discontent with the U.S. health-care system.

UnitedHealth Group shares slid after reports that the brutal killing of insurance unit chief executive Brian Thompson may have been inspired by critiques of the health-insurance industry's coverage practices.

In one response to an apparent backlash, Elevance Health's Anthem reversed a decision to change limits on reimbursing customers for the cost of anesthesia in several states following opposition from a medical group.

https://www.marketscreener.com/quote/stock/UNITEDHEALTH-GROUP-INC-14750/news/Health-Care-Declines-as-UnitedHealth-Slides-Health-Care-Roundup-48543891/

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