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Fly News Breaks for February 20, 2018
HIIQ
Feb 20, 2018 | 10:53 EDT
Craig-Hallum analyst George Sutton noted that the Department of Health & Human Services has proposed to expand the duration of short-term, limited duration insurance to "less than 12 months" from the current cap of "less than 3 months," which he views as an opportunity for Health Insurance Innovations to expand its "industry-leading market position" for these types of products. The analyst, who calls today's HHS announcement a "meaningful catalyst," keeps a Buy rating and $38 price target on Health Insurance Innovations shares.
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