Key Takeaways Humana shares jumped 11% in extended trading on Monday after the federal government said it would pay Medicare insurers more next year than previously expected. The stock broke down below a symmetrical triangle in Monday’s trading session before staging an impressive intraday reversal to close above the pattern's lower trendline,

The Trump administration just rescued the big health insurers with a $25 billion payout. For more than a year, the story for these companies has been that the business of privately managing Medicare plans had become a major disappointment.