S&P 500 Health Insurer Dives As ACA Enrollment Implodes

Group 1 - Molina Healthcare (MOH) experienced a significant decline, reaching a nearly six-year low after reporting an unexpected loss due to rising health benefit costs [1] - Centene (CNC) also reported a loss, which was anticipated, indicating challenges within the health insurance sector [1] - Molina expects its Affordable Care Act Marketplace membership to decrease from 713,000 at the end of Q3, highlighting potential issues in enrollment [1]