The United Stock of the United Helth Group comes down sharply as the income outlook is slashing
Thursday, Thursday, the United States of the United Helth Group had reduced its income outlook for 2025 on Thursday.
This announcement has reduced the Dow Jones Industrial average, which has decreased by 527 points or 1.3 percent.
Reason: People listed in its Medicare Plan need more care than expected.
For an insurance agency, the lower the money it pays to take care of its enlisors, the more profit.
“We all need to fight stubborn truth that health care should be spent more than the highly recognized discrimination in the price of drugs,” said an analyst on Thursday.
Witti results did not downplay. He said that the company’s first quarterly performance was “unusual and unacceptable” and he would be offensively removed to fix it. John Rex, the chief financial officer of the company, said that he was “extremely frustrated” in the company’s view.
Higher use has influenced the entire health insurance industry in the past one year, because older adults are taking care of the Covid -19 epidemics. However, it was not seen as an important issue for the United Health until Thursday.
Specifically, the United Helth patients pointed towards the use of the physicians and the service of the hospital’s external patients. Under his Medicare Advantage Plan, treatment care use has doubled twice as much as 2021 and this trend has not become clear until the end of the quarter.
Executives have noted that many more people were watching physicians to see better than expected, which drives specialty for follow-up care and the use of external patients.
“We are consistently involved with members in their home and in the next setting of the discharge. The buging remains the main topic,” said Witti.
Medicare Advantage Plans is also ready to get a big pay bump next year, which WT said that the company would help restore its loss.
The plans that are personally managed, but the taxpayers are paid with the money, according to a final rule of the Trump administration, the payment of about $ 1 billion will increase by 5.5 percent.
The Biden Administration was slightly deducted in 2024 and 2025, but only after the plans increased larger in 2023.
Nevertheless, Witti says “Fund Cut in recent years” has forced the company to significantly increase the premiums and reduce the benefits. However, that premium growth probably drives usage. Since people are paying more, they are taking more care.
Another, the more significant problem for the organization is the new system of the Federal Government for the Medicare Advantage Plans. Under the “Risk Coordination” system, the plans pay the plans based on how sick enlisters are, so companies get more money in the cover of more conditioned people.
The United States has been accused of investigating a federal citizen for his offensive coding practice, which has been spent on taxpayers’ dollars extra money.
The biden administration agencies, especially the United Hyalth, tried to reduce the companies by abusing the specific codes by removing the system from the system.
