· 1d · on MSN
UnitedHealth stock slides as Medicare Advantage concerns deepen
Sen. Grassley demands UnitedHealth's Medicare Advantage records
Senator launches probe into UnitedHealth's Medicare Advantage billing practices
Senator Chuck Grassley has launched an inquiry into UnitedHealth Group's Medicare Advantage billing practices following a report from The Wall Street Journal stating the company is being investigated by the U.S. Department of Justice for improperly inflating member diagnosis codes to maximize reimbursements.
UnitedHealthCare is under investigation by the Department of Justice again for its Medicare Advantage billing practices. This is one of several legal battles and extraordinary mishaps the insurer has faced in recent years, including the murder of its CEO and a massive cyberattack.
U.S. Senator Chuck Grassley requested detailed information on UnitedHealth's Medicare billing practices, in a letter to CEO Andrew Witty on Monday, amid reports suggesting the insurer may have leveraged billing rules to its advantage.
UnitedHealthcare gained the most Medicare Advantage members during annual enrollment while Humana lost the most policyholders.
Luigi Mangione appeared in New York State Court to face murder and terror charges for the killing of UnitedHealthcare CEO Brian Thompson, according to CNN.
Just over 34.4 million people were enrolled in Medicare Advantage (MA) plans as of Feb. 1, representing fairly slim growth across the program's annual enrollment period. | Just over 34.4 million people were enrolled in Medicare Advantage plans as of Feb.
Erste Group downgraded UnitedHealth (UNH) to Hold from Buy. A recent civil investigation by the Department of Justice into the accuracy of
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