Health insurance stocks have been rattled in the first few months of 2019 as Democratic presidential contenders have emerged to back variations of the Medicare-for-all idea. The sell-off has sent the Standard & Poor’s 500 Managed Care Index to its lowest level in nearly a year, and managed-care stocks are now trading at a 15% discount compared with the broader market, based on price-to-earnings ratios.

Source: Los Angeles Times April 16, 2019 18:56 UTC