Health Insurance Stocks Sink on Medicaid Warning From UnitedHealth's CEO

Key TakeawaysShares of health insurers dropped Wednesday after the CEO of UnitedHealth Group warned about lower premium payments as Medicaid rolls shrink.UnitedHealth Group CEO Andrew Witty reportedly told a conference in New York that the health insurance industry will face a "disturbance" because of the changes in Medicaid patient numbers.UnitedHealth Group stock was the biggest drag on the Dow Wednesday, which fell over 1%. Health insurance stocks dropped Wednesday after the head of UnitedHealth Group (U ...