Health-insurer stocks are tumbling on news the Trump administration wants to hold Medicare rates almost flat next year.

Shares in Humana, UnitedHealth and CVS led losses, sinking more than 10% in morning trading. UnitedHealth also issued soft 2026 revenue guidance.

The Wall Street Journal first reported that the Centers for Medicare and Medicaid Services proposed to hold payment rates to an average .09% increase next year, far below what the companies and Wall Street had expected.

Three sources familiar with her decision confirmed that Tafoya is running for the Senate, and two sources said an official announcement is expected Wednesday.

The Senate passed legislation Tuesday to allow victims of nonconsensual deepfake pornography to sue the producers and distributors of such content.

The proposal was put forward by Democratic Whip Dick Durbin (D-Ill.) on the Senate floor for unanimous consent, and is co-sponsored by Sen. Lindsey Graham (R-S.C.).