UnitedHealth Will Cooperate With Federal Probe of Its Medicare Billing Practices
UnitedHealth, a major healthcare conglomerate, has announced that it will cooperate with a federal probe into its Medicare billing practices. The company stated that it had "proactively reached out" to the Justice Department after reports of the investigation surfaced. The probe is aimed at examining UnitedHealth's billing practices for Medicare Advantage plans, which are privately administered versions of the government's Medicare program for the elderly and disabled. UnitedHealth is the largest provider of these Medicare Advantage plans in the United States. The company has not provided any further details on the scope or nature of the investigation, but has expressed its intention to work with the authorities. The outcome of this probe could have significant implications for UnitedHealth's operations and the broader Medicare Advantage industry.
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