UnitedHealth Group vs. Clover: Which Health Insurance Stock is a Better Buy?
StockNews
Published Apr 13, 2021 11:51AM ET
Updated Apr 13, 2021 12:01PM ET
UnitedHealth Group vs. Clover: Which Health Insurance Stock is a Better Buy?
With the federal government extending enrollment for healthcare plans and expanding Medicare options, we think leading health insurers UnitedHealth Group (UNH) and Clover Health Investments (CLOV) are well positioned to grow their revenues significantly. But let’s find out which of these stocks is a better buy now.UnitedHealth Group Incorporated. (NYSE:UNH) and Clover Health Investments, Corp. (CLOV) are two U.S.-based diversified healthcare companies. While UNH provides consumer-oriented health benefit plans for national employers and individuals, CLOV offers preferred provider organization and health maintenance organization health plans for Medicare-eligible consumers.
A substantial increase in enrollments for government sponsored health insurance plans, coupled with the growing demand for Medicare Advantage and Medicaid supplemental plans, has created immense opportunities for the health insurance industry. Earlier this year, President Joe Biden signed a series of healthcare-related directives to restore the Affordable Care Act and Medicaid. This should lead to a higher demand for affordable and easily accessible health insurance plans from UNH and CLOV.
Click here to checkout our Healthcare Sector Report for 2021
Continue reading on StockNews
Get The News You Want
Written By: StockNews
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.