The US Justice Department is looking into achievable Medicare forgery, according to the Wall Street Journal report released on Wednesday. Unknown sources with knowledge of the matter cited unknown sources who were contacted by authorities regarding the firm’s Medicare Advantage program, a program where private companies oversee the shipping of government health benefits to seniors. The report details the most recent battle to reach America’s largest health insurer, which came just days after its CEO unanticipatedly announced he would step down.
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It comes in response to the well-known murder of Brian Thompson, the company’s insurance director, in a case that has exposed widespread public resentment toward the rewarding US professional health care system. UnitedHealth criticized the “deeply reckless” content and claimed in a statement that it had not been informed by the Justice Department of the alleged investigation. UnitedHealth was under inspection over allegations it directed specialists to make individual symptoms that may result in high government bills under Medicare Advantage, according to a February article in The Wall Street Journal. Following the release of the report, the company’s shares dropped 12.3 % on Tuesday after CEO Andrew Witty announced he would step down for personal reasons. Additionally, the business even canceled its outlook for 2025 due to higher-than-expected costs.
