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UnitedHealth (UNH) shares rallied on April 7 after the Centers for Medicare and Medicaid Services (CMS) finalized a 2.48% increase in 2027 reimbursement rates for Medicare Advantage plans.
As investors cheered this much larger increase than the initially proposed 0.09%, UNH pushed past its 100-day moving average (MA), indicating the bullish momentum may sustain in the near-term.