Trump Pledges to Go After the Health Insurance ‘Middleman’

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The shares of major health care insurance companies took a fall after President-elect Donald Trump announced he intends to reform the industry and “knock out the middleman.” Among the companies that saw drops in their shares were UnitedHealth Group Inc., CVS Health Corp., and others. Trump’s comments come at an important time, following the recent shooting death of the CEO of UnitedHealthcare, which is an operating division of UnitedHealth Group, the largest single health carrier in the United States.

We’ll discuss this story and others, in this episode of “Crossroads.”