US EditionUnitedHealth shares tumble as insurer cuts forecast on higher medical care costs
- UnitedHealth's shares tumbled Thursday after the company cut its 2025 profit forecast.
- Rising care use among Medicare Advantage customers surprised UnitedHealth, impacting their projections.
- The increase in outpatient and doctor services contributed significantly to higher medical costs.
- CEO Andrew Witty stated, "UnitedHealth did not perform up to our expectations in the first quarter."
- UnitedHealth now anticipates adjusted 2025 earnings of $26 to $26.50 per share due to rising costs.
104 Articles
104 Articles
The stock exchanges have crashed, the fear of further price losses is great for many investors. Fear is on the stock market but not a good advisor
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