Health insurance stocks soared after Donald Trump's presidential election victory on hopes of deregulation of the industry, but have since fallen. United Healthcare CEO Brian Thompson murdered.
In the case of UnitedHealth, its stock price rose as much as 9% immediately after the election, but has fallen 15% since Dec. 4.
Even with Republicans poised to take unified control of Congress and the White House, pre-election discourse about insurance companies is now more volatile, says John, director of health care research at Raymond James.・Mr. Ransom says. told CNBC on Tuesday..
“I think it's a little difficult to make a bet because you don't know who's going to be in this seat,” he said. “We also have more populist political parties and the industry is not as popular as it used to be.”
In fact, Thompson's shooting A wave of online criticism Targeted insurance companies over coverage denied to patients. meanwhile, Security companies are inundated with calls. Opinions from companies looking to strengthen protection for their executives.
united health group CEO Andrew Whitty He addressed criticism of his company as follows: new york times Editorial said Friday, acknowledging that the health care system needs improvement.
But Ransom said the industry still faces “legal risks” amid debate over the use of so-called artificial intelligence. prior permissionthis is when a service or prescription requires prior approval from the company.
“I think there should be a healthy discussion there because it's probably gotten out of control,” he added.
Ransom said AI still has the potential to positively impact healthcare. For example, large-scale language models can be used to analyze different datasets to predict who will need services and be able to intervene before the situation becomes a health crisis.
“But yeah, did we go too far with pre-authorization?” he asked. “That's the discussion. I'm not saying I did it, but I think that's something that needs to be discussed.”
This story was originally Fortune.com
