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CVS Still Sees ‘High-Trend’ Cost Growth; Oscar, UNH Stock Fall
CVS Health (CVS) noted a continuation of “high-trend” medical cost growth at a Wells Fargo investor conference on Wednesday, helping to put a spring in the step of hospital stocks including HCA Healthcare (HCA), while souring the mood of managed care investors. Shares of CVS stock came away relatively unscathed, while UnitedHealth (UNH) slipped and Oscar Health (OSCR) stumbled. CVS…
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