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UnitedHealth Surpasses Expectations Amid Probe | Durham News
UnitedHealth Group just smashed Q2 earnings, raking in $6.38 per share vs. Wall Street’s $4.90 forecast, while boosting its full-year outlook and improving its medical loss ratio — a sign it’s spending less on care and keeping more for profit. Optum’s operating income jumped 29%, but the company’s still under federal investigation for Medicare Advantage billing practices, leaving investors split between seeing this as a strong rebound or a warning of deeper troubles. Despite the gains, medical costs remain high and UnitedHealth is scaling back on less profitable Medicare plans — meaning the…
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