A proposal for lower-than-expected Medicare Advantage rates in 2024 has sent shares of publicly traded health insurers falling. UnitedHealth Group Inc.’s UNH, -5.22% stock fell 1.2% in trading on Thursday, shares of Elevance Health Inc. ELV, -3.74% were down 3.3% and Molina Healthcare Inc.’s MOH, -2.44% stock tumbled 1.6%.
