UnitedHealth Stock Crashes On Medicare Advantage Billing Probe

Blockhead
02-21

UnitedHealth Group (UNH) is under investigation by the Justice Department for its Medicare Advantage billing practices, The Wall Street Journal reported Friday. The civil fraud probe is looking at whether diagnoses were routinely made to trigger extra payments. UNH stock crashed to a 10-month low in early stock market action. Stocks of other Medicare Advantage players including Humana (HUM) and…

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