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…
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.