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Managed-care companies not immune to market drop

 |  By HealthLeaders Media Staff  
   September 16, 2008

Large managed care companies saw their shares drop by more than 2% as the stock market tumbled Monday. Shares of UnitedHealth Group Inc., the largest health insurer based on revenue, dropped more than 3% after the news of Lehman Brothers Holdings' bankruptcy plans and Merrill Lynch's forced sale to Bank of America for $50 billion in stock.

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