UnitedHealth Group Stock Drops As Feds Reportedly Probe Its Medicare Billing

ToplineShares of UnitedHealth Group sank Friday following a report on a fresh federal probe into the U.S.’ largest health insurer, the latest development in a turbulent stretch on Wall Street for the company as its business practices come under scrutiny.UnitedHealth Group subsidiary UnitedHealthcare's Minnesota headquarters.Getty Images for People's Action Institute Key FactsThe Wall Street Journal reported the Department of Justice is conducting a civil fraud probe into UnitedHealth’s billing practices for ...