UNH Sep 2024 590.000 call
- Yahoo Finance Video
UnitedHealth flags Medicaid-related 'disturbance,' stock down
UnitedHealth Group (UNH) is leading other US insurers' stocks lower after the company's CEO, Andrew Witty, flagged a "disturbance" related to Medicaid reimbursement rates. After the expiration of a COVID-19 policy that mandated that states maintain enrollment for those covered by government Medicaid programs, states have begun to disenroll people from Medicaid. Josh Lipton and Julie Hyman discuss how disenrollment has become a larger problem than insurers anticipated. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
- Investor's Business Daily
UnitedHealth Costs Dow Jones 127 Points On Medicaid 'Disturbance'
Dow Jones component UnitedHealth tumbled after CEO Andrew Witty warned of a period of low Medicaid reimbursements.
- Barrons.com
What’s Behind the Dow’s Dive? UnitedHealth and This Other Factor.
The index has tumbled about 1,500 points, or 3.7%, in just a little less than two weeks, while the rest of the stock market is holding its ground.
