1320 ET - The tone of Elevance Health's analyst call was even more cautious than expected, especially when it came to Medicaid, according to Mizuho in a note. The analysts say that although Medicaid managed care plans are required to receive actuarial sound rates, it could take two or three rate cycles for rates to fully capture current trends. This, plus uncertainty around the expiration of enhanced advanced premium tax credits and incremental Medicaid dis-enrollment, makes the company's earnings trajectory more unclear, the analysts say. Now, full margin recovery looks like it won't be until 2027 or 2028, they say. Elevance slides 11%. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 17, 2025 13:20 ET (17:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。