Health Insurers’ Fortunes Rise on Likely Blue Wave Bust

With the outcome of the presidential contest still technically up in the air, perhaps the most consequential outcome of the 2020 general elections for the health insurance industry is that no one political party is likely to control the White House and both chambers of Congress.

Officially, the new makeup of Congress may not be cemented until a runoff election takes place in Georgia for one or more Senate seats, yet as of press time it appeared that Democrats will retain control of the House of Representatives while Republicans will hang on to a slim majority in the Senate. Meanwhile, as of press time former Vice President Joe Biden and President Donald Trump were both still in the running to win control of the White House, though Biden was winning in the electoral-vote tally and took the lead in some key battleground states.

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• Health Plan Weekly