In recent months, investigations into UnitedHealth's Medicare claims process have begun. Wall Street Journal Reported on Friday, bringing the healthcare conglomerate stock down nearly 12%.
A civil fraud investigation conducted by the Department of Justice (DOJ) examines the Medicare Advantage Plan, the company's practices to record diagnosis that lead to additional payments to the newspaper. departurecite people who are familiar with this issue.
Reuters Report UnitedHealth said the report contains “misinformation” about the Medicare Advantage Plan and points to regular government reviews to ensure compliance.
The healthcare giant also said in a statement that it was unaware of the start of new activities by regulators.
Suspect in the murder of Brian Thompson, CEO of United Health Group Inc. in New York, USA, amid arrest of the arrest of protester Luigi Mangione across from Manhattan Criminal Court, Monday, December 23, 2024. via Getty)
DOJ did not immediately respond to Reuters' request for comment.
The Medicare Advantage Plan is provided by private insurance companies that are paid interest set by the US government to manage healthcare for seniors looking for additional benefits that are not covered by regular Medicare.
Stocks in other health insurance companies, such as Humana and CVS Health, fell between 3% and 4% in early trading as the report highlighted an increased scrutiny in the health insurance sector.
“Investors sell because they produce unknowns that are difficult to quantify. At this point, they truly know how the research unfolds and what the ultimate impact on UNH's profitability is. It's impossible.” Management.
