Mizuho's Jared Holz on Trump's Medicare advantage proposal: 'This is just a shock to the system'

All right, some major news rocking both health care and health care stocks and a surprise move. The Trump administration proposing basically no change for most Medicare Advantage payments. The plan calls for a net average payment increase of just 009% next year.Basically nothing and well below Wall Street expectations. That means the major insurers that get paid back by Medicare Advantage are getting absolutely pummeled right now. United Health down 20%.Humanana down 19% worst day in over a decade. CVS, San ...