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The largest health insurers make up the S&P Managed Care sector and have led more than 1,100 percent in gains during the market's bull run — twice as much as biotech firms, according to CNBC.

Health insurers across the U.S. are pursuing a new strategy to lower healthcare costs and bolster their profits — investing in housing, medicine and even food programs for those who can't afford it, according to Forbes.

Jackson-based University of Mississippi Medical Center and Blue Cross & Blue Shield of Mississippi reached an agreement to keep all UMMC facilities and providers in network with the health insurer, according to the Clarion Ledger.

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