Yahoo Finance

Health insurance providers, including CVS Health (CVS), Cigna (CI), and UnitedHealth (UNH), are under pressure following comments from President-elect Donald Trump.

“We're going to knock out the middleman,” Trump said at a press conference on Monday, referring to pharmacy benefit managers (PBM) that negotiate drug prices between the manufacturer and the pharmacy. He added, “We're going to get drug costs down at levels that nobody has ever seen before.”

Catalysts Co-hosts Seana Smith and Madison Mills take a closer look at the market moves and the president-elect’s comments.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Naomi Buchanan.