UnitedHealth Group Under DOJ Investigation for Medicare Advantage Practices

UnitedHealth Group disclosed it is under investigation by the U.S. Department of Justice, responding to federal criminal and civil inquiries. The company affirmed its cooperation with investigators and reiterated its commitment to compliance in a recent SEC filing. Earlier reports indicated the probe focuses on billing practices related to Medicare Advantage plans, which could affect reimbursement protocols within the Medicare program. Following the announcement, UnitedHealth's shares dropped nearly 4% in pre-market trading. This development highlights ongoing regulatory scrutiny of billing and payment practices within the Medicare Advantage sector, signaling potential shifts in compliance demands for insurers participating in government-funded health programs.