UnitedHealth Group Inc (UNH)
24 May 2019
* UNITEDHEALTH EXECUTIVE ANDREW WITTY FLAGS "REAL RISK" OF PRICE INFLATION IF EFFECTIVE NEW SYSTEM TO REPLACE CURRENT REBATES IS NOT PUT IN PLACE- CONF. CALL
* Indexes up: Dow 0.13 pct, S&P 0.10 pct, Nasdaq 0.36 pct (Updates prices to early afternoon)
UnitedHealth Group Inc said on Tuesday it expects minimal impact to its margins if the rebate system is overhauled but investors remained concerned about the impact of the Trump administration's proposal to end discounts from drugmakers.
* Shares fall 3.5 pct (Adds comments from conf. call, analysts; updates shares)
April 16 U.S. stocks opened higher on Tuesday, taking the S&P 500 to less than a percent away from an all-time high, after better-than-expected results from healthcare giants UnitedHealth and Johnson & Johnson.
* Futures up: Dow 0.66%, S&P 0.37%, Nasdaq 0.43% (Adds comment, updates prices)
April 16 U.S. health insurer UnitedHealth Group Inc on Tuesday reported a 22.2 percent rise in first-quarter profit, driven by strength in its main insurance business and Optum unit, which includes its pharmacy benefit management business.
NEW YORK The U.S. government on Monday said it would increase by 2.53 percent on average 2020 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled, a reflection of a new estimate on medical cost growth.
NEW YORK, April 1 The U.S. government on Monday said it would increase by 2.53 percent on average 2020 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled, a reflection of a new estimate on medical cost growth.
The U.S. House Committee on Energy and Commerce on Wednesday launched an investigation into 12 health insurers, including Anthem Inc and UnitedHealth Group, over their sale of short-term plans.