U.S. Markets closed

UnitedHealth on pace for its worst month in 10 years as 'Medicare for All' talks worry investors

Berkeley Lovelace Jr.

The stock is down 13.3% so far this month, on track for its biggest one-month decline since February 2009 when it fell 30.64%. Jitters from investors over drug pricing reform and "Medicare for All" proposals are weighing on the stock. UnitedHealth Group UNH shares fell for a second straight day Wednesday, weighed down by concerns over possible changes to the U.S. health-care system, including creating a government-run system to provide health insurance for all Americans.