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Health Insurers Hit With Bernie Sanders Leading in Iowa

Stock MarketsJan 13, 2020 02:23PM ET
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© Reuters.

Investing.com - Health insurance stocks bucked the overall market trend Monday, falling as a recent poll of the Democratic field in Iowa showed Sen. Bernie Sanders in the lead.

On Friday, Selzer & Co. released a poll of likely voters in the Iowa caucuses that showed Sanders in the lead at 20%.

Sanders was followed by Sen. Elizabeth Warren at 17%, Pete Buttigieg at 16% and former Vice President Joe Biden at 15%.

Sanders is a harsh critic of private health insurers and is running on a promise to provide a Medicare for All healthcare program.

That would be a “single-payer, national health insurance program to provide everyone in America with comprehensive health care coverage, free at the point of service” with “(n)o networks, no premiums, no deductibles, no copays, no surprise bills,” according to the candidate’s website.

Among the insurers, Cigna (NYSE:CI) fell 3.7%, UnitedHealth (NYSE:UNH) lost 3.1%, Humana (NYSE:HUM) was down 2.6% and Anthem (NYSE:ANTM) dropped 3.2%.

The iShares U.S. Healthcare ETF (NYSE:IYH) fell 1.7%.

Health Insurers Hit With Bernie Sanders Leading in Iowa
 

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Comments (5)
Ptr Dgr
Ptr Dgr Jan 17, 2020 7:25AM ET
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Sanders is probably the only candidate that could make me vote for Trump.
Anthony Anthony
Anthony Anthony Jan 13, 2020 6:51PM ET
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Vote for Democrats. Everyone should not need to work. Just stay home and enjoy free health care, free welfare, free everything.
Triplicis Mundi Summum
Triplicis Mundi Summum Jan 13, 2020 6:51PM ET
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Projecting much?
Steve Vander Ploeg
Steve Vander Ploeg Jan 13, 2020 3:19PM ET
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4 years of the Bern and unemployment will be at 1.7% and the DOW at 42,000...
John Klan
John Klan Jan 13, 2020 3:00PM ET
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Anyone with half a brain or more know Sanders hasn't got a snowball's chance in....... of ever winning. He's a joke.
Brian CHRomero
Brian CHRomero Jan 13, 2020 3:00PM ET
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Which is why no other candidate in US history has come close to Bernie's grassroots support? Do you get your investing advice from the TV too? LMAO.
James Westmore
James Westmore Jan 13, 2020 2:51PM ET
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Bernie Sanders would be a disaster to America.
Me comment
Me comment Jan 13, 2020 2:51PM ET
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Not as bad as 4 more years of the Trumpster.
ATOMIQ ILYA
ATOMIQ ILYA Jan 13, 2020 2:51PM ET
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You are both right, Biden is the decision.
Brian CHRomero
Brian CHRomero Jan 13, 2020 2:51PM ET
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A disaster to the market =/= disaster to America. We're due for a correction and if we can eliminate industries that don't deserve to exist in the process, even better. But there's no way I'd expect a victim of propaganda to understand that.
 
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