Shares of health-care companies were flat amid renewed uncertainty about the regulatory outlook.
President Donald Trump indicated he wouldn't support a bipartisan deal designed to shore up the health-care exchanges established by the Affordable Care Act. "I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins co's who have made a fortune w/O'Care," Mr. Trump tweeted on Wednesday, referring to Sen. Lamar Alexander (R., Tenn), one of the senators who brokered the compromise between Democrats and Republicans.
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Anthem Inc. said it would launch its own pharmacy-benefit manager, serviced by CVS Health Corp., in 2020 after the conclusion of its current contract with Express Scripts Holding.
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(END) Dow Jones Newswires
October 18, 2017 17:20 ET (21:20 GMT)