The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay more than $7 billion in claims.

Shares of U.S. health insurers jumped on Tuesday after a bigger-than-expected increase in the government's reimbursement rates for Medicare Advantage plans in 2026 signaled some relief for a sector burdened with steep medical costs.

The U.S. announced a 5.06% average increase in payments to private insurers that run Medicare Advantage plans for people aged 65 and older. The increase was more than double the a

Shares of UnitedHealth, Humana, and CVS Health were rising after the federal government announced an increase in Medicare Advantage payments.