Health insurance stocks rise as Elizabeth Warren details plan for Medicare for All

Managed-care stocks rose after Democratic presidential hopeful Elizabeth Warren unveiled a proposal to pay for a $20.5 trillion Medicare for All program with taxes on businesses, financial firms, and the wealthy. “Today, in 2019, in the United States of America, the wealthiest nation in the history of the world, inadequate health coverage is crushing the finances and ruining the lives of tens of millions of American families,” Warren wrote in a lengthy document out Friday morning.