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  • 6 months ago
UnitedHealth Group disclosed Thursday it is under criminal and civil investigation by the Department of Justice, according to ABC News. The company stated that it had reached out “proactively” to the DOJ following media reports about a federal investigation into its Medicare practices. UnitedHealth is now complying with formal requests and stated it has “full confidence” in its practices. The DOJ has not commented. This comes amid growing scrutiny, following reports by The Wall Street Journal on potential Medicare fraud, antitrust violations, and billing practices. UnitedHealth’s CEO stepped down in May after a turbulent year, including the 2024 fatal shooting of UnitedHealthcare’s CEO. UnitedHealth was the Dow’s worst performer in early 2025, with shares falling 1.5% after the investigation was announced.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02UnitedHealth Group disclosed Thursday and is under criminal and civil investigation by the Department of Justice, according to ABC News.
00:08The company said it reached out proactively to the DOJ, filing media reports about a federal probe into its Medicare practices.
00:14UnitedHealth is now complying with formal requests and stated it has full confidence in its practices.
00:19The DOJ has not commented.
00:20This comes amid growing scrutiny, filing Wall Street Journal reports on potential Medicare fraud, antitrust violations, and billing practices.
00:27The UnitedHealth CEO stepped down in May after a turbulent year during the 2024 fatal shooting from UnitedHealthcare's CEO.
00:34UnitedHealth was the DOJ's worst performer in early 2025, with shares falling 1.5% after the investigation was announced.
00:41For all things money, visit Benzinga.com.
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