UnitedHealth Group Inc said on Tuesday it expects minimal impact to its margins ...
- UnitedHealth Group Inc said on Tuesday it expects minimal impact to its margins if the rebate system is overhauled but investors remained concerned about the impact of the Trump administration’s proposal to end discounts from drugmakers.
“It goes back to the political pressure on the managed care area,” Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta said. Adding to investor concerns, U.S. Senator Bernie Sanders recently unveiled the latest version of his “Medicare-for-All” plan that would eliminate private insurance and shift all Americans to a public healthcare plan.
“Ninety percent of what we manage is generic with no rebates,” said John Prince, a senior company executive.Analysts said that despite the recent slump in shares, fundamentals of the industry are still on track.
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