Health Insurance Stocks Rise
Indianapolis based health insurer anthem is also one of the best health care stocks to buy for 2020 making the list for a second consecutive year.
Health insurance stocks rise. This comes as health care costs outpace the rise in inflation. The company isn t a traditional health insurer. The federal rule set to be. When bernie sanders introduced the medicare for all bill in the senate in april the s p 500 managed health care index dropped 13 5 in a week.
Yet the index performed well in october rising 15 7. Big health insurance stocks soared on wednesday after the results from the democratic super tuesday primaries. Insurance stocks are also likely to profit from improving jobs data as employer sponsored plans will rise. Health care stocks as represented by the health care select sector spdr etf have outperformed the broader market providing investors with a total return of 17 0 compared to the s p 500 s.
The country s largest health insurer unitedhealth group inc increased its market capitalization by more than 20 billion in one day as wall street looks on a candidacy of the former vice. Instead health insurance innovations. Of course health insurers could be in for a bumpy ride as the healthcare debate rages on. Shares of anthem nyse antm were jumping 13 9 higher as of 11 12 a m.
So health care stocks are in the limelight. While cvs health s stock is down by about 15. Soon will spend nearly 20 of its gross domestic product on health care. Health insurance innovations is the oddball in the list of the top 10 biggest health insurance stocks.
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