Health insurers rise as US temporarily eases Medicaid work-rule enforcement

By Reuters News

** Shares of health insurers Centene CNC.N rise 2.5% to $73.05 and Molina Healthcare MOH.N rise 2.6% to $215 in extended trading

** Centers for Medicare & Medicaid Services offers states an optional transition period through June 30, 2027, for implementing new Medicaid work rules

** During the period, states will assess whether people meet the rules or qualify for exclusions, but will not deny applications or disenroll otherwise eligible people solely for failing to meet the requirements

** New requirements take effect on Jan. 1, 2027, for certain Medicaid applicants and beneficiaries aged 19 to 64, unless excluded

** As of last close, CNC up 73.2% and MOH up 20.7% YTD

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.