US Stock Movement | US government proposes to maintain Medicare payment rates, health insurance stocks plunge pre-market, UnitedHealth drops over 8%

Gelonghui, January 27th｜According to reports, the US government has proposed to keep the payment rates for federal Medicare private plans at the current level next year. The Centers for Medicare & Medicaid Services (CMS) stated in an announcement that the payment rates for Medicare Advantage plans are expected to increase by only 0.09% in 2027, far below the up to 6% increase previously anticipated by Wall Street analysts.