The Zhitong Finance App learned that on Wednesday, CNC.US (CNC.US) plummeted by more than 35%, the biggest drop since 2006, to 36.65 US dollars. According to the news, the health insurance company withdrew its full-year profit forecast because its operating income fell short of expectations in most states offering health insurance market plans. Consigo said on Tuesday evening that preliminary data from 22 of the company's 29 market states represented about 72% of market members, showing that overall growth was lower than expected and hinted at a “significantly” higher than expected pathological situation. According to the company, the data was provided by Wakely, an independent actuarial firm. Consigo expects its risk-adjusted revenue transfer to be reduced by about 1.8 billion dollars throughout the year. This adjustment aims to balance the cost of covering high-risk patients. This equates to the pressure of $2.75 per share in adjusted earnings.

The Zhitong Finance App learned that on Wednesday, CNC.US (CNC.US) plummeted by more than 35%, the biggest drop since 2006, to 36.65 US dollars. According to the news, the health insurance company withdrew its full-year profit forecast because its operating income fell short of expectations in most states offering health insurance market plans. Consigo said on Tuesday evening that preliminary data from 22 of the company's 29 market states represented about 72% of market members, showing that overall growth was lower than expected and hinted at a “significantly” higher than expected pathological situation. According to the company, the data was provided by Wakely, an independent actuarial firm. Consigo expects its risk-adjusted revenue transfer to be reduced by about 1.8 billion dollars throughout the year. This adjustment aims to balance the cost of covering high-risk patients. This equates to the pressure of $2.75 per share in adjusted earnings.