Oscar Health (OSCR) Slides As Medicare Proposal, UnitedHealth Miss Rock Insurer Stocks
Oscar Health Inc (NYSE: OSCR) shares fell 4.33% to $15.02 following a Medicare Advantage update from the Trump administration, which proposed a mere 0.09% payment increase for 2027, far below the expected 4%-6%. This change limits Oscar's pricing power amid rising medical costs. Additionally, disappointing earnings from UnitedHealth Group raised concerns about Oscar's cost trends, as UnitedHealth reported a medical care ratio of 92%. Analysts maintain a Hold rating on Oscar with a price target of $14.64, while the stock shows bearish momentum and is closer to its 52-week lows.
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