Here’s how stocks of the four payers have fared recently.
1. Bloomfield, Conn.-based Cigna‘s stocks finished 0.8 percent higher at $150.54 Tuesday. The payer’s shares gained nearly 11 percent over the past three months and 12.9 percent year-to-date.
2. Shares for Louisville, Ky.-based Humana rose 0.6 percent yesterday to $211.05. Humana’s stocks have grown 7.2 percent over the previous three months and 3.8 percent YTD.
3. Long Beach, Calif.-based Molina Healthcare stocks ended yesterday down 2.7 percent at $46.06. The insurer’s shares are trading 9.4 percent below their 50-day moving average, according to Stock-Callers.com.
4. WellCare Health Plans, headquartered in Tampa, Fla., also saw stocks dip yesterday, ending 0.6 percent lower at $140.32. However, WellCare’s shares have increased 2.5 percent in the past three months and 2.4 percent YTD.
More articles on payer issues:
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Kansas, other states pursue Medicaid expansion following AHCA withdrawal
Highmark names Dr. Charles DeShazer CMO
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