Payments Proceed Smoothly

The Centers for Medicare and Medicaid Services and Treasury complete the $90 payments with limited operational issues. The outcome reinforces the administration's argument that Medicare drug-price savings and premium overpayment recoveries can be returned directly to seniors, but the dollar amount is too small to move broad markets.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.