US EditionUnitedHealth Group CEO: US health care needs to be ‘less confusing, less complex and less costly’
- UnitedHealth Group reported weaker-than-expected fourth-quarter revenue, leading to a decline in its shares despite quarterly profit exceeding projections.
- Andrew Witty, UnitedHealth Group's CEO, emphasized the need for a less confusing and costly healthcare system after the murder of Brian Thompson, CEO of UnitedHealthcare.
- The company faced challenges including rising medical costs, Medicare rate cuts, and a cyberattack, resulting in a 36% drop in full-year profit for 2024.
- A coalition of patients and advocates plans to protest outside the New York Stock Exchange, highlighting issues of care denials by health insurers, as public frustration over healthcare access escalates.
30 Articles
30 Articles
UnitedHealth CEO cites high cost as root cause of U.S. health care woes
NEW YORK, Jan. 16 (Xinhua) -- The American multinational for-profit company of health insurance and health care services UnitedHealth Group's top executive has said that the U.S. health care system is confusing and must improve, citing high prices of medical services as the "root cause" of the nation's health care woes. Read full story
UnitedHealth Group CEO: US health care needs to be ‘less confusing, less complex and less costly’
In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
Doctor, patients protest as UnitedHealth announces 2024 profits
Editor's note: The video above originally aired on Dec. 13, 2024 NEW YORK CITY (PIX11) – A small group of protesters took to Wall Street Thursday as UnitedHealth Group released a financial report showing better-than-expected profit in the final quarter of 2024. Around 9 a.m., about a dozen protesters stood outside the New York Stock Exchange with a sign that read “UnitedHealth denies care.” Who was Brian Thompson, the UnitedHealthcare CEO?…
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