Posted 2/28/2024, 12:23:00 AM
Justice Department Probes UnitedHealth Over Concerns of Anticompetitive Practices and Inflated Medicare Bills
- Justice Department launched antitrust investigation into UnitedHealth Group - reportedly questioning impacts of UnitedHealth's acquisitions on rivals and consumers
- Probing UnitedHealth's relationships between health insurance and Optum health services units
- Investigating if UnitedHealth wrongly increased Medicare payments through doctor billing practices
- Comes amid Biden administration efforts to lower healthcare/drug costs for Americans
- UnitedHealth faces competition from CVS Health, Cigna in health insurance and pharmacy benefit management