Beyond UnitedHealth's Q3 Earnings: Time to Reevaluate & Sell Stock?
UnitedHealth(UNH) ZACKS·2024-10-21 14:55
Major healthcare plan provider, UnitedHealth Group Incorporated (UNH) , last week posted strong third-quarter 2024 results, primarily fueled by growth in domestic commercial membership, value-based care expansion in Optum Health and new client wins at Optum Rx. However, this strong performance was partially overshadowed by rising medical costs and a decline in global commercial and Medicaid membership.Increasing costs and tighter federal reimbursement rules have forced UnitedHealth to lower its outlook, fal ...