Trump Administration Delays Enforcement of Medicaid Work Requirement
Published . Updated .
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The federal government had planned to require poor adults to prove they were working or lose insurance coverage starting Jan. 1. Now, it will let states wait until July.
Directly affected
- No company is named in this report.
Indirectly affected
- XLV Health Care Select Sector SPDR
Health Care Select Sector SPDR: it holds health insurers and care providers. Linked by “medicaid” (health insurers and care costs) in this story.
- IHF iShares U.S. Healthcare Providers ETF+7.4% 19d
iShares U.S. Healthcare Providers ETF: it holds health insurers and care providers. Linked by “medicaid” (health insurers and care costs) in this story.
- XLF Financial Select Sector SPDR+0.4% 17d
Financial Select Sector SPDR: it holds insurers. Linked by “insurance” (insurers) in this story.
- UNH UnitedHealth Group+4.3% 30d
UnitedHealth Group (hospital and medical service plans): health insurers' costs move with medical prices and policy. Linked by “medicaid” (health insurers and care costs) in this story.
- ELV Elevance Health+9.1% 30d
Elevance Health (hospital and medical service plans): health insurers' costs move with medical prices and policy. Linked by “medicaid” (health insurers and care costs) in this story.
- CI The Cigna Group+8.0% 30d
The Cigna Group (hospital and medical service plans): health insurers' costs move with medical prices and policy. Linked by “medicaid” (health insurers and care costs) in this story.
- CVS CVS Health+0.7% 30d
CVS Health (drug stores and proprietary stores): health insurers' costs move with medical prices and policy. Linked by “medicaid” (health insurers and care costs) in this story.
- CB Chubb+11.2% 30d
Chubb (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLV | -0.28% | +0.04% | base | after close | after close | after close | after close |
| IHF | -1.22% | +0.39% | base | after close | after close | after close | after close |
| XLF | -1.18% | -0.10% | base | after close | after close | after close | after close |
| UNH | -2.43% | -1.11% | base | after close | after close | after close | after close |
| ELV | -2.68% | +0.01% | base | after close | after close | after close | after close |
| CI | -0.49% | +1.49% | base | after close | after close | after close | after close |
| CVS | -4.59% | +0.13% | base | after close | after close | after close | after close |
| CB | -3.25% | -1.42% | base | after close | after close | after close | after 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.
The federal government had planned to require poor adults to prove they were working or lose insurance coverage starting Jan. 1. Now, it will let states wait until July.
Source: The New York Times
This story
| Company | When | Move | Status |
|---|---|---|---|
| CB | three days earlier | -1.42% | final price |
| CB | five days earlier | -3.25% | final price |
| CI | three days earlier | +1.49% | final price |
| CI | five days earlier | -0.49% | final price |
| CVS | three days earlier | +0.13% | final price |
| CVS | five days earlier | -4.59% | final price |
| ELV | three days earlier | +0.01% | final price |
| ELV | five days earlier | -2.68% | final price |
| IHF | three days earlier | +0.39% | final price |
| IHF | five days earlier | -1.22% | final price |
| UNH | three days earlier | -1.11% | final price |
| UNH | five days earlier | -2.43% | final price |
| XLF | three days earlier | -0.10% | final price |
| XLF | five days earlier | -1.18% | final price |
| XLV | three days earlier | +0.04% | final price |
| XLV | five days earlier | -0.28% | final price |
Congressional trades in the stocks in this story
- Rep. Maria Elvira Salazar sold Unitedhealth Group (UNH), worth $1,001 - $15,000 on 24 Sep 2026. That is 50 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Unitedhealth Group (UNH) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 51 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Unitedhealth Group (UNH) (jointly held), worth $15,001 - $50,000 on 10 Sep 2026. That is 64 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Cigna Group (CI) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Cigna Group (CI) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Cigna Group (CI) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Cvs Health (CVS) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Cvs Health (CVS) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 81 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Maria Elvira Salazar sold Chubb (CB), worth $1,001 - $15,000 on 24 Sep 2026. That is 50 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chubb (CB) (jointly held), worth $1,001 - $15,000 on 23 Sep 2026. That is 51 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Chubb (CB) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
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
“Trump Administration Delays Enforcement of Medicaid Work Requirement” scores 12 out of 100. The score uses 1 sources.