Obamacare Has Health Insurers Worried
The messy rollout of the exchanges has made it hard for carriers to figure out what business will be like in 2014
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After soaring for months, stock prices for insurers such as UnitedHealth Group and Aetna have lost altitude in recent weeks. Although the rollout of the glitch-plagued federal health-insurance website is partly to blame, it’s what lies ahead that has investors concerned. “There’s a whole host of operational questions about 2014,” says Thomas Carroll, a health-care analyst at Stifel Nicolaus.