** Shares of health insurers rise between 1% to 2%
** The U.S. House of Representatives on Wednesday advanced Democratic legislation that would reinstate expired healthcare subsidies
** Shares of Elevance Health ELV.N rose 2.4% to $375.04, Centene CNC.N rose 1.4% to $46.41, Cigna CI.N was up 1.5% at $283.19, UnitedHealth UNH.N up 1.3% at $346.1 and Molina Healthcare MOH.N rose 1.8% to $179.6
** The Democrats' legislation would reinstate healthcare subsidies that lower costs for 24 million Americans who get their coverage through the Affordable Care Act, which expired at the end of 2025
** Millions of people who purchase their healthcare coverage through the Affordable Care Act would face higher premiums unless there is congressional action after COVID-era U.S. subsides expired on December 31
** About 24 million Americans buy their health insurance through the ACA, nicknamed Obamacare because it was passed under Democratic President Barack Obama
** In the past 12 months, ELV down 5%, UNH down 34.7%, CNC down 32.1%, CI down 0.3% and MOH down 40.4%
(Reporting by Sneha S K)
((Sneha.SK@thomsonreuters.com;))
