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UnitedHealth, Humana and other health-insurance stocks are surging after this 'big win'

UnitedHealth, Humana, and other health insurance stocks experienced a significant surge following a favorable ruling by a federal judge in Texas, who struck down a regulation that would have required Medicare Advantage insurers to cover the costs of supplemental benefits, such as over-the-counter medications and transportation to medical appointments. The ruling, which deemed the regulation as exceeding the authority of the Department of Health and Human Services, led to a rise in stock prices for companies like UnitedHealth, which saw a 1.5% increase, and Humana, which experienced a 2.5% jump. This decision is seen as a major victory for the health insurance industry, as it alleviates the financial burden of covering these additional benefits, potentially leading to increased profits and a more favorable business environment for these companies.

Read the Full MarketWatch Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/unitedhealth-humana-and-other-health-insurance-stocks-are-surging-after-this-big-win/ar-AA1CtRaw ]