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Pressure continues to mount on health insurers as costs rise, WSJ says

The financial picture for companies across the health insurer industry is looking grim, with uncertainty at a time when investors hoped their finances would be steadying after a challenging 2024, Anna Wilde Mathews of The Wall Street Journal reports. Moline Healthcare (MOH) recently warned of higher medical costs to hit earnings this year while Centene (CNC) withdrew its FY25 guidance, saying profits would fall short of its prior expectations. With new legislation and certain federal subsidies set to drop next year, about 17M people are no longer going to be covered by Medicaid and the ACA marketplaces, both of which are a focus for Centene and Molina. Publicly traded companies in the space include CVS Health (CVS), Cigna (CI), Elevance Health (ELV), Humana (HUM), and UnitedHealth (UNH).

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