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On July 19, 2023, UnitedHealthcare is displayed in an office building in Phoenix, Arizona.
Patrick T. Fallon | AFP | Gets the image
Unitedhealth Group On Tuesday, he made a speech since 2025, which did not meet Wall -Rate’s expectations when the company’s insurance continues to fight higher medical expenses.
On Tuesday, the Unitedhealth Group stock decreased by more than 3%.
The company believes that after 2025 the adjusted income of at least $ 16 per share, a profit from $ 445.5 billion to $ 448 billion. LSEG estimates that Wall Street analysts expected that 2025 had adjusted $ 20.91 per share, and for a full year of $ 449.16.
Stock collapsed in May after the company stopped that 2025 Guide Due to increased medical expenses and announced the sharp departure of former CEO Andrew Viti. In the report on Tuesday is added a growing line of failures For a company that owns the largest and most powerful insurer in the country, UnitedHealthcare is often regarded as a bell industry.
“While we face problems in our business fields, we believe that we can solve these problems and abandon the potential of growth, providing people with quality and affordable medical care,” Tim Noel CEO said in the release.
The company expects the medical care rate in the 2025 insurance – an indicator of general medical expenses paid compared to the premiums collected will be from 89% to 89.5%. The lower attitude usually indicates that the company collected more premiums, which is paid in benefits, leading to greater profitability.
In the second quarter, this coefficient increased to 89.4% compared to 85.1% for the period and affiliation, primarily due to medical expenses.
The UNITEDHEALTH GROUP report indicates that the Medicare Advantage Plans for Medical Costs may not facilitate the extensive health insurance industry soon. UnitedHealthcare, the UNITEDHEALTH GROUP insurance group, is the country’s largest supplier of those private Medicare plans.
Over the last year, the higher costs in Medicare Advantage’s plans have been recorded by insurers as more and more elderly returned to the hospital to undergo the procedures they delayed during the COVID-19 pandemic, such as replacement and hips.
Here’s what the UnitedHEALTH GROUP reported in the second quarter compared to what Wall Rate was waiting on the LSEG analyst poll:
- Profit for the share: 4.08 dollars, adjusted against $ 4.48, expected
- Revenue: Expected $ 111.62 billion vs. 111.52 billion
Specifically, the report comes a few days after Unitedhealth discovered what it fits Investigation of the Ministry of Justice in its practice of billing Medicare.
This means UnitedHealth’s The first income report according to the new CEOStephen Hemley, who is instructed to restore investors’ confidence and turn the fighting company, which has been continuing great attention to the public in recent months. The UnitedHealth Group shares are reduced by more than 44% per year, partially fueled by DOJ investigations and its suspended worldview.
The 2024 company was not the best. He fought for the murder of the UNITEDhealthcare CEO Brian Thompson, a torrent of a public upheaval that followed, and a historical cyberattack that affected millions of Americans.
