U.S. government maintains health program fees and insurance stocks plunge in New York

With the news, insurance stocks faced strong pressure on the New York Stock Exchange on Tuesday, 2.. The Centers for Medicare and Medicaid Services announced that private Medicare Advantage rates will increase by an average of 3.7% in 2025. In New York, Humana's shares plunged 12.82%, while UnitedHeatlh's lost 6.43% around 4:30 p.m. EST.