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Stocks Drop For Insurance Providers

Last updated on Tuesday, March 23, 2010

(UNDATED) - Stocks in drug and healthcare companies were noticeably up by the end of trading while stocks dropped for several insurance providers.

Eli Lilly had just a slight gain, but Pfizer and Bristol Meyers Squib gained over 1%.

Indianapolis based insurer Well Point lost more than 1% as did insurers Humana and United Health.

Market analysts believe insurers will benefit from higher enrollment once the plan is in place, even if the enrollees aren't as profitable.

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