In an exclusive interview on Yahoo Finance’s Decoding Retirement podcast, Dr. Mehmet Oz, the administrator of the Centers for Medicare & Medicaid Services (CMS), discussed the financial and operational challenges facing the US healthcare system. Ultimately responsible for the healthcare of 66 million Medicare beneficiaries, 78 million people enrolled in Medicaid and the Children’s Health…
UnitedHealth (UNH) stock cratered just over 22% Thursday — its biggest single-day drop since August 1998 — after its first quarter earnings missed expectations and the company cut its full-year profit guidance. The health insurance giant now expects adjusted full-year profits to fall in a range between $26 and $26.50 per share, down from its…
Why Humana (HUM) Shares Are Getting Obliterated Today Shares of health insurance company Humana (NYSE:HUM) fell 15.3% in the pre-market session after peer UnitedHealth reported underwhelming first-quarter 2025 results as its sales and profits fell below Wall Street expectations. Guidance was the biggest concern. UNH’s new full-year earnings forecast came in well below what analysts…
UnitedHealth (UNH) is America’s largest private health insurer. That’s its biggest problem. The parent company, UnitedHealth Group, traded down nearly 20% Thursday morning after missing Wall Street estimates on both the top and bottom lines. The reason for the steep sell-off? Medicare Advantage. NYSE – Nasdaq Real Time Price • USD As of 12:10:27 PM…
UnitedHealth Group (UNH) had another rough day in trading Friday. Reports that the Department of Justice (DOJ) is investigating its Medicare Advantage insurance business sent the stock more than 8% lower in early trading. The civil fraud investigation, first reported by the Wall Street Journal, examines how UnitedHealth records diagnoses that boost payments from the…
(Reuters) -The U.S. Justice Department has launched an investigation into UnitedHealth’s Medicare billing practices in recent months, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of the company fell nearly 10% in premarket trading. Shares of other health insurers also fell before the bell. NYSE – Nasdaq Real Time…
Medicare Advantage – the commercial alternative to traditional Medicare – is drawing down federal health care funds, costing taxpayers an extra 22% per enrollee to the tune of US$83 billion a year. Medicare Advantage, also known as Part C, was supposed to save the government money. The competition among private insurance companies, and with traditional…