Alex Ossola

companies.

Plus, what's next for health insurers after the Trump administration's position on Medicare payments shocked the industry?

And for Amazon, Fresh and Go stores are out, but Whole Foods is in.

It's Tuesday, January 27th.

I'm Alex Ocelove for The Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

Shares of Medicare insurers like UnitedHealth Group and Humana dove today.

Why?

The Trump administration's proposing that the rates the government pays to reimburse insurers for Medicare plans would stay roughly flat next year, rising by an estimated 0.09 percent on average.

That's well short of the 4 to 6 percent that Wall Street expected and affects a business that's central to insurers' finances and hopes for growth.

Ana Wildey-Matthews, who covers health insurance for the journal, is here to discuss.

Ana, what is the administration's reasoning behind keeping this rate essentially flat?

The insurance companies obviously don't like this development.

And on the UnitedHealth earnings call today, an executive warned that its policyholders would be hurt.

Anna, what's the relationship between the rate insurers are getting and health care for people on Medicare?

these rates are still in the proposal phase.

What happens next?

Can we expect a big lobbying push from these insurers to try to change the rate that gets finalized?

That was WSJ reporter Ana Wildey-Matthews.

Thanks, Ana.