By WSJ Staff

Shares in health insurers fell premarket after President Trump said that federal funding paid to them under the Affordable Care Act should go directly to the public.

Trump lambasted the "hundreds of billions of dollars" paid to "money-sucking" health insurers in Truth Social posts over the weekend. He didn't outline how handing money directly to Americans instead would work.

Around 24 million Americans are enrolled in ACA plans, informally known as Obamacare. ACA subsidies set to expire at year-end are at the center of the record-long government shutdown.

In recent premarket trading:

-- Shares in UnitedHealth, CVS Health, Cigna and Elevance Health fell more than 1%, despite a broader stock-market rally.

-- Molina Healthcare, HCA Healthcare and Universal Health Services stocks dropped 2.5% or more.

-- Shares of Centene, Tenet Healthcare, and 3M spinoff Solventum slid 4.5% or more.

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(END) Dow Jones Newswires

November 10, 2025 07:03 ET (12:03 GMT)

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