“If one of the largest and presumably, by reputation and experience, the most sophisticated of the health plans out there can’t make money on the exchanges, then one has to question whether the exchange as an institution is a viable enterprise,” Sheryl Skolnick, an analyst at Mizuho Securities, told Bloomberg.
UNH shares slumped 5.5% on Thursday. UnitedHealth makes up 12.9% of IHF and 2.1% of XHS.
The two health care ETFs provide access to a diverse group of health services. Specifically, IHF includes 45.0% managed health care, 28.5% health care services and 21.5% health care facilities. XHS, which equally weights components, includes 35.0% health care services, 26.8% health care facilities, 22.3% managed health care and 15.7% health care distributors.
iShares U.S. Healthcare Providers ETF
For more information on the health care sector, visit our health care category.
Max Chen contributed to this article.