Geopolitics Alpha

Employers Shift Rising Health Care Costs Onto Millions of Workers

Published . Updated .

GEOPOLITICS ALPHAEmployers Shift Rising Health CareCosts Onto Millions of WorkersPPLIGEOPOLITICS ALPHA

New surveys show that increases in premiums and deductibles are forcing people to forgo treatments or doctor’s visits while budgets are strained by higher food and gas prices.

Directly affected

  • PPLI People

    Named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    A fund of health-care companies

  • XBI SPDR S&P Biotech

    A fund of biotechnology companies

  • UNH UnitedHealth+8.7%

    A large health insurer

  • JNJ Johnson & Johnson-3.3%

    A large health-care company

  • LLY Eli Lilly+11.7%

    A large drug maker

  • PFE Pfizer+7.7%

    A large drug maker

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PPLI+3.26%-1.18%base+1.81%after closeafter closeafter close
XLV-0.98%-1.82%base+1.35%after closeafter closeafter close
XBI-1.94%-3.21%base-0.73%after closeafter closeafter close
UNH-2.45%-2.38%base+1.93%after closeafter closeafter close
JNJ-1.68%-1.41%base+3.92%after closeafter closeafter close
LLY-1.51%-2.38%base+2.83%after closeafter closeafter close
PFE-1.44%-1.44%base+1.88%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

New surveys show that increases in premiums and deductibles are forcing people to forgo treatments or doctor’s visits while budgets are strained by higher food and gas prices.

Source: The New York Times

This story

CompanyWhenMoveStatus
JNJthat day+3.92%final price
JNJthree days earlier-1.41%final price
JNJfive days earlier-1.68%final price
LLYthat day+2.83%final price
LLYthree days earlier-2.38%final price
LLYfive days earlier-1.51%final price
PFEthat day+1.88%final price
PFEthree days earlier-1.44%final price
PFEfive days earlier-1.44%final price
PPLIthat day+1.81%final price
PPLIthree days earlier-1.18%final price
PPLIfive days earlier+3.26%final price
UNHthat day+1.93%final price
UNHthree days earlier-2.38%final price
UNHfive days earlier-2.45%final price
XBIthat day-0.73%final price
XBIthree days earlier-3.21%final price
XBIfive days earlier-1.94%final price
XLVthat day+1.35%final price
XLVthree days earlier-1.82%final price
XLVfive days earlier-0.98%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Employers Shift Rising Health Care Costs Onto Millions of Workers” scores 12 out of 100. The score uses 1 sources.