Health insurance stocks dropped during pre-market trading after President Trump criticized insurers on social media and proposed providing direct subsidies to consumers instead of ACA tax credits.
Molina Healthcare drastically lowered its 2025 profit outlook, blaming unexpectedly high medical costs, especially in its Marketplace (Obamacare) business.
Centene's shares jumped! They confirmed profit goals, got good Medicare ratings, & saw better Medicaid costs. This signals a positive turnaround for the health insurer, easing investor worries.
