🚨 HEALTH INSURANCE STOCKS – MIXED SESSION Health insurance and digital health names trading mostly flat to modestly mixed today, with Root showing relative strength. 📊 TODAY’S HEALTH INSURANCE SNAPSHOT 🟢 $ROOT (Root Inc) — $54.58 1.15% 🟢 $HIMS (Hims & Hers) — $27.86 0.32% 🔴 $OSCR (Oscar Health) — $27.72 0.43% 🔴 $UNH (UnitedHealth) — $406.53 0.23% 👉 Core takeaway: Limited movement overall in the group. Root led with a solid gain while the rest traded narrowly mixed. 📈 HEALTH INSURANCE / DIGITAL HEALTH STACK 🛡️ Traditional / LargeScale • UNH — Dominant U.S. health insurer 📱 Digital / Disruptor • OSCR — Techfirst health insurance • HIMS — Telehealth personalized wellness • ROOT — Techdriven auto health insurance ⚡ WHAT’S DRIVING THE MOVE Light trading volume with no major sectorspecific catalyst Broader market rotation away from some defensive names Continued focus on AI/insurtech innovation (benefiting ROOT and HIMS) UNH and OSCR seeing mild profittaking or consolidation Signal: Health insurance remains relatively stable compared to highbeta tech, but the group is sensitive to policy changes, medical cost trends, and interest rates. 🔥 BULL vs BEAR 🟢 Bull Case • Digital disruption tailwinds for HIMS, OSCR, ROOT • Steady demand for health coverage • Potential Medicare Advantage and telehealth expansion 🔴 Bear Case • Rising medical loss ratios and cost pressures • Regulatory risks (especially for UNH) • Macro slowdown impacting employersponsored plans 💭 CONCLUSION Health insurance stocks were quiet today with mixed results. Root outperformed on strength in the insurtech space while UnitedHealth and Oscar saw mild weakness. The sector continues to act as a defensive play with selective growth opportunities in digital health. 👀 KEY QUESTION Will digital disruptors like HIMS and ROOT continue gaining share, or will traditional giants like UNH dominate the space longterm? Not financial advice — always DYOR. Let me know if you want a deeper dive on any of these names!

🚨 HEALTH INSURANCE STOCKS – MIXED SESSION WITH INSURTECH STRENGTH Health insurance names showing clear divergence today — smaller insurtech players rallying while the industry giant lagged. 📊 TODAY’S HEALTH INSURANCE SNAPSHOT 🔴 $HIMS (Hims & Hers Health) — $28.36 2.16% 🟢 $OSCR (Oscar Health) — $28.37 4.21% 🟢 $ROOT (Root Inc) — $55.88 3.77% 🔴 $UNH (UnitedHealth Group) — $407.14 1.34% 👉 Core takeaway: Strong outperformance by OSCR ( 4.21%) and ROOT ( 3.77%), while UNH pulled back modestly and HIMS lagged. Clear rotation favoring highgrowth insurtech names over the largecap incumbent. 📈 HEALTH INSURANCE BREAKDOWN 🏥 Traditional / LargeCap • UNH — UnitedHealth Group — Dominant payer Optum services 🚀 Insurtech & Digital • OSCR — Oscar Health — Techfirst health insurance platform • ROOT — Root Inc — AIdriven auto health insurance • HIMS — Hims & Hers — Telehealth & personalized wellness ⚡ WHAT’S DRIVING THE MOVE Continued momentum in disruptive insurtech names (OSCR, ROOT) on improving margins and user growth Mild weakness in UNH possibly on broader healthcare rotation or profittaking HIMS under pressure amid sectorspecific news or valuation reset Rotation from megacap stability toward higherbeta growth stories Signal: Investors are rewarding innovation and efficiency gains in digital health insurance while taking a breather on the biggest player. 🔥 BULL vs BEAR 🟢 Bull Case • Techenabled insurers gaining market share through better UX and lower costs • Expanding telehealth and personalized medicine tailwinds (HIMS, OSCR) • AI underwriting improvements driving profitability (ROOT) • Longterm healthcare spending growth aging population 🔴 Bear Case • Regulatory and reimbursement risks for large payers (UNH) • High valuations and execution risk in smaller insurtechs • Medical loss ratio pressure from rising healthcare costs • Potential slowdown in consumer spending on elective/wellness services 💭 CONCLUSION Health insurance stocks were mixed today with Oscar Health and Root leading sharp gains while UnitedHealth and Hims traded softer. The secular shift toward digital and techdriven insurance models continues to attract capital, even as the traditional giants face nearterm headwinds. 👀 KEY QUESTION Will OSCR and ROOT’s strength signal accelerating disruption in health insurance, or is UNH’s weakness hinting at broader sector pressures from costs and regulation?

The skills piece matters too. The plan includes major semiconductor and AI hardware skills funding, with support for chip design, undergraduate bursaries and 500 more UK PhD students through TechFirst. No talent pipeline, no chip strategy

On how SMEs can benefit from DSIT funding, Elliot acknowledges that TechFirst has not historically engaged with SMEs, but this is changing - highlighting the Tech4Women scheme which is aimed at getting female tech workers into SMEs #LTW26

Elliot notes that it is not within central government’s gift to fix all problems, which is why TechFirst is taking a regional approach to support, taking into account devolved education policy, regional strengths & opportunities & working with local anchor institutions #LTW26

Elliot agrees that measurement is important, noting that TechFirst records the neurodiversity status of people it supports - he notes it is often not an issue to employers who “just want the best people for the job” #LTW26

First speaker @SciTechgovuk’s Andrew Elliot discussed the UK govt’s #TechFirst imitative, which aims to move recruitment into tech away from focusing on universities to make recruitment more inclusive from NEET backgrounds #LTW26

IN4 Group wins TechFirst contract to support 45,000 East Midlands students into tech careers dlvr.it/TSxy36

IN4 Group wins East Midlands TechFirst contract to support 45,000 local students into tech careers: Professional technology training and skills provider IN4 Group has secured the contract to deliver… dlvr.it/TSxwnM #EducationNewsFENews #EdTechNewsonEducationTechnology

“We will back the tech and AI talent of the future through our TechFirst scheme — helping 1 million young people get the skills they need, including 400,000 pupils in the most disadvantaged schools.” Tech Secretary @leicesterliz speaking at the world’s first AI Adoption Summit

I'm determined to build a future where everyone, whatever their background, can fulfil their potential. I've tasked delivery partners with reaching 400,000 kids in the most disadvantaged schools in our TechFirst scheme. My speech today at the government's AI Adoption Summit ⬇️

Partnership supports the government's TechFirst program to provide one million secondary school students with access to digital learning experiences itpro.com/business/careers-a…