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INX:UNH, Mar 19, 08:48 UTC

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UnitedHealth Shares Finding Their Mojo Again

UNH

Investing.com - UnitedHealth Group (NYSE:UNH) has been a big reason why the Dow has held its own lately. The world's largest health-insurance company was the Dow's best performer last week, up 6.73% adding 108 points to the index by itself. The UnitedHealth rally is part of the easing of recent selling pressure on health stocks generally. The selling in health stocks seemed prompted by investor panic over the push by Democrats on health-care-for-all plans. But many analysts noted that, even if a plan was passed by the House of Representatives, it would face intense industry opposition, with UnitedHealth a big leader, and will get nowhere in a GOP-ruled Senate.

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Saturday, March 16


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UNITEDHEALTH GROUP INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of UnitedHealth Group Incorporated - UNH

UNH

UNITEDHEALTH GROUP INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of UnitedHealth Group Incorporated - UNH. Business WireMarch 16, 2019, 2:50 AM GMT. Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into UnitedHealth Group Incorporated (UNH). Recently, on March 6, 2019, the Court in the consolidated suits ruled that UBH was liable for the claims, stating in part “the evidence at trial established that the emphasis on cost-cutting that was embedded in UBH’s Guideline development process actually tainted the process, causing UBH to make decisions about Guidelines based as much or more on its own bottom line as on the interests of the plan members, to whom it owes a fiduciary duty,” also sharply criticizing its medical directors for being “deceptive” under oath. KSF’s investigation is focusing on whether UnitedHealth’s officers and/or directors breached their fiduciary duties to UnitedHealth’s shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation, or have been a long-term holder of UnitedHealth shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-unh/ to learn more.

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Wednesday, March 13


News

House panel probes Anthem, UnitedHealth over short-term health plans

ANTM UNH

House panel probes Anthem, UnitedHealth over short-term health plans. (Reuters) - The U.S. House Committee on Energy and Commerce on Wednesday launched an investigation https://energycommerce.house.gov/newsroom/press-releases/ec-launches-investigation-into-companies-that-sell-or-broker-junk-health into 12 health insurers, including Anthem Inc and UnitedHealth Group, over their sale of short-term plans. Terming the short-term plans as "junk", the committee said it was troubled that consumers who sign up for the plans are being misled about the nature of the coverage they are purchasing. "The Democrats cite concerns over several troubling reports of STLDI (short-term, limited duration insurance) plans denying coverage entirely, charging more based on age, gender or health state, or refusing to cover consumers for care that may stem from what the company deems a pre-existing condition," the panel said.

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UnitedHealthcare broadens direct drug rebate program

UNH

The nation's largest health insurer is expanding a program that passes rebates from drugmakers directly to the people that use their medications. Beginning next year, all new employer-sponsored health plan customers that use UnitedHealthcare must give the discounts they get to consumers at the point of sale, the insurer said Tuesday. Pharmacy benefit managers typically negotiate rebates from pharmaceutical companies to help offset the high initial prices set for many drugs. But those discounts rarely flow directly to the people filling prescriptions. Instead, they are often passed on to companies that sponsor employee insurance plans and are used to reduce premiums or offset other plan costs. But those high list prices can hurt the patients buying the medications because what they have to pay for the drug out of pocket is based on that initial list price, not the after-rebate cost.

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Tuesday, March 12


News

UnitedHealth expands program that requires drug discounts be passed on to consumer

UNH

UnitedHealth expands program that requires drug discounts be passed on to consumer. UnitedHealth said Tuesday all of its new employer-sponsored plans in 2020 will pass discounts paid to so-called pharmacy benefits managers (PBMs) to consumers at the pharmacy counter. "Patients are seeing concrete benefits from UnitedHealthcare's groundbreaking point-of-sale discount program, which is just one element in our aggressive drive to help deliver better health, lower costs and a better experience," UnitedHealthcare President Dan Schumacher said in a release. UnitedHealth's rival, CVS Health's Caremark unit, and Cigna's newly acquired Express Scripts unit all offered plans which passed discounts to consumers at the point of the sale for 2019.

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UnitedHealth expands discount program to new employer-sponsored plans

UNH

(Reuters) - UnitedHealth Group Inc said on Tuesday that starting next year it will expand its drug discount program to all new employer-sponsored health plans and pass on rebates to consumers. The move by UnitedHealth and its pharmacy benefits manager (PBM) unit OptumRx comes amid widespread government scrutiny in the United States over the industry-wide system of after-market discounts or rebates. The health insurer earlier this year began passing the rebates to about 9 million consumers enrolled in health plans, helping them save an average of $130 per eligible prescription. Insurers like UnitedHealth have traditionally combined all the discounts that they receive from drugmakers into one big pool of money and incorporated it when they set a health plan's premium prices. But because of rising drug prices, insurers and pharmacy benefit managers have been pressured to give the discount directly to the patient who is buying the drug.

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UnitedHealth expands point-of-sale discount program to more clients

UNH

UnitedHealth expands point-of-sale discount program to more clients. (Reuters) - UnitedHealth Group Inc said on Tuesday it would expand from January 2020 its point-of-sale discount program to all new employer-sponsored plans in an effort to make drugs more affordable for patients. In recent years, insurers have tried to guide patients toward less expensive treatments by making them pay a higher portion of a drug's costs. Drugmakers have responded by dramatically raising the financial aid by increasingly offering the so-called 'copay assistance' cards, similar to a debit card, that consumers can use at the pharmacy counter to reduce their out-of-pocket costs.

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UnitedHealth to Require Drug Rebates Go to Consumers

UNH

Inc. said it would significantly expand a change to how it handles rebates from drugmakers by requiring new employer clients to pass them on to people who take the medications. The move will apply to employers that sign new contracts after Jan. 1, 2020, but UnitedHealth will grandfather in existing clients that chose a different setup. The new shift will involve employers that begin using UnitedHealth’s pharmacy-benefit manager, OptumRx, including those that are self-insured, which is the vast majority of large companies.

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Thursday, March 07


News

UnitedHealthcare and Tennessee Initiative for Perinatal Quality Care Partner to Improve Health of Pregnant Women with Opioid Use Disorder and Opioid-Exposed Newborns

UNH

The initiative will bring together teams of care providers from participating delivery hospitals across Tennessee, along with OptumLabs, a collaborative research and innovation center, to support TIPQC in collecting and analyzing data so that findings can be reviewed, discussed and put into practice by care providers participating in the program. The primary focus of the initiative is to offer a supportive environment for obstetric and newborn care providers to share best practices for treating their patients with opioid exposure, collect and identify patterns of care and ultimately implement evidence-based protocols in a variety of clinical settings. In addition, as most opioid-exposed newborns are born at hospitals without a NICU, the partnership aims to provide clear, simple guidelines so birth centers or hospitals without NICUs can provide care instead of transferring newborns to another facility. The mission of TIPQC is to improve health outcomes for mothers and newborns in Tennessee by engaging key stakeholders in a perinatal quality collaborative that will identify opportunities to optimize birth outcomes and implement data-driven provider- and community-based performance improvement initiatives.

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Wednesday, March 06


Social Chatter

UnitedHealth Group Inc (INX:UNH) social chatter is higher than usual

UNH
$UNH open interest for maturity 03/08/2019. High put=240.00 High call=260.00 #maxpain #options https://t.co/P2G6W3iizN https://t.co/40x90rBUS1