Health insurer stock prices fell today after UnitedHealth$UNH) said the number of surgeries for adults age 65 and older increased more than expected over the past two months.
Health insurers have benefited from delaying non-urgent surgeries due to the COVID-19 pandemic and staffing shortages at hospitals.
For example, the popular $CVS here fell less than 6%. An opportunity to buy? 😊
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AA
I'm looking at this, I completely missed it. Thanks for the info. I'll look into it.
MD
I also read this a while ago and it also made my portfolio red, but as Marek said, the drop was the smallest for them as this accounts for about 30% of their sales. They have a strong segment in pharmacies. I believe this is temporary and this is just a buying area which I also want to do today before the market closes, I am still waiting to see what the reaction of the market will be after the conference. I'm afraid it might not be a growth one like most are expecting.
FB
Hmmm, now what? Is this a short term "trend" in your opinion or a real long term problem that will limit them from growing?
RR
Revenues from the insurance segment account for less than 30% of total revenues. The fundamentals remain the same. FCF yield great. I would say the reaction is overdone and nothing changes in the longer term. Just a minor blip.
