UnitedHealth's earnings shock is tanking the entire health insurance industry

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[ Sun, May 11th ]: NBC DFW

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Sat, May 10, 2025

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[ Sat, May 10th ]: BBC

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[ Fri, May 09th ]: WOOD

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[ Wed, May 07th ]: BBC

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[ Wed, May 07th ]: CNN

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[ Wed, May 07th ]: PBS

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Tue, May 6, 2025

[ Tue, May 06th ]: ESPN

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[ Tue, May 06th ]: TheHealthSite

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[ Mon, May 05th ]: People

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[ Mon, May 05th ]: Business Insider

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UnitedHealth's earnings shock is tanking the entire health insurance industry

//health-fitness.news-articles.net/content/2025/ .. anking-the-entire-health-insurance-industry.html

Published in Health and Fitness on Monday, May 5th 2025 at 9:43 GMT by
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The stock fell as much as 20%, dragging industry peers Humana and CVS lower as well.

UnitedHealth Group's stock plummeted by 3.4% after the company reported a lower-than-expected profit forecast for 2024, causing a ripple effect that dragged down the entire Dow Jones Industrial Average by 0.3%. The healthcare giant cited increased medical costs as the primary reason for the reduced earnings outlook, with a noticeable rise in non-urgent surgeries among seniors that had been delayed due to the COVID-19 pandemic. This news not only affected UnitedHealth but also led to declines in other health insurance stocks like Humana and CVS Health, as investors grew concerned about the sector's profitability amidst rising medical expenses.

Read the Full Business Insider Article at:
[ https://www.aol.com/news/unitedhealths-earnings-shock-tanking-entire-142859156.html ]

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