US health insurers fall as Medicare Advantage proposal disappoints

Molina Healthcare

27/01/2026 11:41

** Shares of U.S. health insurers slide in premarket trading after the Trump administration proposed a minimal 0.09% increase in 2027 Medicare Advantage payments

** Shares of Medicare-focused insurer Humana HUM.N fall 15%, UnitedHealth Group UNH.N down 12.7%, CVS Health CVS.N slip 10.6%

** Elevance Health ELV.N drops 7.2%, Molina Healthcare MOH.N falls 6.5%, Centene CNC.N dips 4.2%, Cigna CI.N edges lower 0.8%

** The Medicare agency will issue the final rate announcement on April 6

** "Generally, the proposed update is better in the final, certainly some politics could be at play, but this update falls well below expectations," said Leerink Partners analyst Whit Mayo

** Analysts had been expecting an increase of as much as 6%

** More than half of the people enrolled in the government's Medicare program for people aged 65 and older or who are disabled receive their coverage through Medicare Advantage plans

 (Reporting by Joel Jose and Kamal Choudhury in Bengaluru)

 ((mail to: Joeljose@thomsonreuters.com))