Elizabeth Warren Is More Health-Care Cipher Than Firebrand

Health insurance stocks touched their lowest point of 2019 last week, with some in the market citing the impeachment investigation into President Donald Trump and the rise of Senator Elizabeth Warren in Democratic presidential polls as twin reasons for the decline. The thinking is, anything that boosts Democrats’ chances in the 2020 election would be bad for the industry, with most of the party’s candidates calling for at least some type of shake-up to the current health-care system. And Warren’s support of “Medicare for All” makes her a particular threat…

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