U.S. health insurers are submitting their 2016 rate requests for Affordable Care Act policies, with some asking for big increases as they adjust to customers whove recently gained coverage through the marketplaces.
If Humana sells itself, this could be the biggest acquisition of a U.S. managed-care provider in more than a decade. Shares of other health insurers, including Anthem, Cigna, and Molina Healthcare also jumped to record prices.
In the first major overhaul in more than a decade, the United States has proposed new rules for private health insurers who run Medicaid plans covering millions of poor people and children.
There may be just $1 in the piggy bank to cover every $10 in claims at an Obamacare program designed to spread risk among insurers, Standard & Poors said.
Aetna Inc. shares rose to a record after the company added 1 million people to its health-insurance rolls, lifting first-quarter earnings and prompting it to boost its annual forecast.
UnitedHealth Group Inc. raised its 2015 forecast after posting first-quarter profit that topped analysts estimates as it added customers and its Optum technology unit boosted revenue.