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UnitedHealth Group shares plunge 13% on report of DOJ probe into possible Medicare fraud - TL;DR CNBC

UnitedHealth Group shares plunge 13% on report of DOJ probe into possible Medicare fraud

Publishing timestamp: 2025-05-15 14:55:14


Summary

Shares of UnitedHealth Group plunged more than 13% following a report of a criminal investigation by the Department of Justice into possible Medicare fraud. The exact nature of the allegations is unclear, but the company's Medicare Advantage business practices are under scrutiny. This news comes after a series of setbacks for the company, leading to a 49% drop in its shares this year.


Sentiment: NEGATIVE

Tickers: UNH

Keywords: business newspharmaceuticalspersonal health insurancebreaking news: businessbiotechnologyhealth care industrymedicarebusinessunitedhealth group incbiotech and pharmaceuticalsjustice department

Source: https://www.cnbc.com/2025/05/15/unitedhealth-group-stock-doj-investigation-report.html


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