The hosts discuss the comments made by a United Health Group executive regarding rising costs in the healthcare industry and the subsequent effect on health insurers' stocks. They bring in experts to discuss the significance of this story and its impact on the stock market.
Bloomberg News Health Care Reporter John Tozzi and Bloomberg Intelligence Senior Health Care Analyst Glen Losev discuss shares of US health insurers plunging Wednesday after comments from a UnitedHealth Group executive triggered concerns about rising costs. Dr. Iman Abuzeid, Co-Founder and CEO at Incredible Health, breaks down the hiring firm's 2023 Healthcare Executive Report on the state of nursing. And we Drive to the Close with Liz Young, Head of Investment Strategy at SoFi and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey. Hosts: Matt Miller and Madison Mills. Producer: Paul Brennan.