New healthcare legislation, an aging population, and increasing demand for services are driving up the demand for healthcare stocks. These favorable dynamics are also creating new opportunities for investors with the right knowledge and understanding of how to invest in this space. The top healthcare stocks will continue to grow as society ages and people need more medical services. Getting involved in the healthcare sector early on is one way to ensure your portfolio has a prosperous future. Finding the top healthcare stocks now can help you gain significant returns down the road when their value continues to climb. Read on to learn more about some of the best healthcare stocks you can buy today.
Aetna
Aetna has been delivering quality health care to its customers since 1853. The company operates in the Health Care sector and provides health insurance coverage to individuals and groups, Medicare health plans, and medical management services. Aetna serves approximately 37.5 million people each year through its diversified portfolio of innovative health care products, services, and technology solutions. Aetna’s core businesses are Health Care Services, which includes individual commercial medical, group Medicare Advantage plans, and employer-based commercial and Medicare Advantage plans; Health Care Solutions, which includes wellness, health care risk management, health care equity investment risk, and health care services; and Health Care Financing, which includes medical segment risk, unclaimed property, cash management services, and workers compensation financing. The company is headquartered in Hartford, CT.
Centene
Centene Corporation operates as a healthcare management company. The company provides services to government-sponsored healthcare programs, individuals with special health care needs, and populations with health disparities. It operates through three segments: Health Care Services, Health Insurance, and Health Care Financing. The Health Care Services segment offers health care benefits services, health care services administration/management, health plan administration/management, specialty care services, and medical management services. The Health Insurance segment offers individual commercial health insurance products, group commercial health insurance products, and health insurance coverage in select states serving the health care needs of special populations. The Health Care Financing segment provides risk management services, unclaimed property management services, and cash management services. The company was founded in 1998 and is headquartered in St. Louis, Missouri.
Humana
Humana Inc. focuses on health care administration and provision of health care services. The company’s segments include Retail/Specialty; Health Care Services; and Financing. The Retail/Specialty segment provides network-based health care products and services through the company’s retail (including membership-based and employer-sponsored health care delivery systems) and specialty (including Medicare Advantage, Medicare health plans, and specialty care services) segments. The Health Care Services segment provides network-based health care services under the company’s health care services contracts. The Financing segment includes financing arrangements from the company’s investment in equity securities issued by its affiliates. Humana Inc. was founded in 1961 and is headquartered in Louisville, KY.
UnitedHealth Group Inc.
UnitedHealth Group is engaged in health care business. The Company’s segments are Health Care Operations, Optum, and Technology and Commercial. The Health Care Operations segment offers traditional health care products and services, including medical, dental, behavioral health, pharmacy, vision, supplemental health, and specialty care services. The Optum segment manages health care related services, including pharmacy services, care management, health information, technology and analytics, and medical services. The Technology and Commercial segment provides information technology, health care data analysis and software, and business process outsourcing services. The company was founded in 1943 and is headquartered in Minnetonka, Minnesota.
WellCare Health Corp.
WellCare Health is a health care company. The Company’s segments are Medicaid Services, Commercial Services and Medicare. The Medicaid Services segment consists of both the managed care and fee-for-service businesses. The Commercial Services segment includes the fully-insured health care products and services such as medical, dental, behavioral health, pharmacy, and vision, as well as administrative services. The Medicare segment provides risk-based managed care services to individuals eligible for both Medicare health and long-term care services. The company was founded in 1991 and is headquartered in Tampa, FL.
Conclusions
Investing in healthcare stocks is a smart decision for any investor as the healthcare sector is expected to continue growing as the world gets older. The demand for health care services will increase as the population ages and people become more knowledgeable about their health. Since the healthcare industry is expected to grow at a faster rate than the rest of the economy, it’s a great place to put your money. With the right knowledge and understanding of the healthcare sector, you can easily find the top healthcare stocks to buy now and hold for the future. These stocks are expected to grow in value as society ages and the demand for healthcare services continues to increase.
