UnitedHealth Records Lower Revenue as Medical Advantage Use Grows
UnitedHealth Group, the largest health insurance firm in the U.S., has reduced its revenue forecast for 2025 after its customers on Medicare Advantage made use of their policies a lot more than the company had anticipated. The first quarter of the year registered a lower financial performance than the company had expected. The stocks of the firm tumbled after this news on Thursday and the report released shook insurance stocks across the board. UnitedHealth said that MA plans saw more activity than the company had projected for the year. This was particularly evident in outpatient services and doctor visits, all…