Health Insurance Shares Climb After Medicare Reimbursements are Boosted

Shares of health insurance firms in the U.S. jumped after the federal government announced a reimbursement rate increase which was higher than what had been expected by the industry. The rate increase applies to Medicare Advantage plans and will take effect next year. This increase was welcome news to the industry that had seen their margins squeezed by rising costs of medical care.

With this rate increase and a sympathetic federal administration in place, things are beginning to look up once again for the industry. Entities like Astiva Health can now begin planning how…

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NOTE TO INVESTORS: The latest news and updates relating to Astiva Health are available in the company’s newsroom at https://ibn.fm/Astiva

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