UnitedHealth Group Incorporated

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Investigation Details

On February 21, 2025, the Wall Street Journal reported that the U.S. Department of Justice was investigating UnitedHealth’s Medicare billing practices. According to the article, the DOJ probe aims to examine UNH’s practices for documenting diagnoses that trigger extra payments to its Medicare Advantage plans.

Following this news, UnitedHealth’s stock price fell by $44.96 per share, or approximately 9% on the same day.