UnitedHealth Group (UNH) is leading other US insurers’ stocks lower after the company’s CEO, Andrew Witty, flagged a "disturbance" related to Medicaid reimbursement rates. After the expiration of a COVID-19 policy that mandated that states maintain enrollment for those covered by government Medicaid programs, states have begun to disenroll people from Medicaid.
Josh Lipton and Julie Hyman discuss how disenrollment has become a larger problem than insurers anticipated.
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