Brief: Sun Life Exec Says Uncertainty Around Medicaid Funding In US Has Slowed Repricing Actions

Sun Life Financial

08/08/2025 16:46

Aug 8 (Reuters) - Sun Life Financial Inc SLF.TO:

SUN LIFE EXEC SAYS THE UNCERTAINTY AROUND MEDICAID FUNDING IN THE US HAS SLOWED REPRICING ACTIONS WITH BOTH STATES AND HEALTH INSURERS AND IS CONTRIBUTING TO ELEVATED DENTAL LOSS RATIOS IN THE NEAR TERM

SUN LIFE EXEC SAYS THERE WAS ALSO A WRITE DOWN OF AN INTENTIONAL ASSET RELATED TO THE US DENTAL CONTRACT

SUN LIFE EXEC SAYS NO LONGER EXPECT THE BUSINESS TO ACHIEVE 100 MILLION US IN EARNINGS THIS YEAR, GIVEN THE NEAR TERM CHALLENGES

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