UnitedHealth Under Federal Criminal Investigation as CEO Suddenly Departs: Report

Things continue to spiral for the embattled UnitedHealth.UnitedHealth Group, the largest health insurer in the United States, is reportedly the subject of a federal criminal investigation for potential Medicare fraud, according to an exclusive report by the Wall Street Journal.The investigation, led by the U.S. Department of Justice’s health-care fraud unit in New York, has been underway since at least the summer of 2024 and centers on the company’s Medicare Advantage business practices, according to the report.Medicare Advantage, a program that provides private insurance alternatives to traditional Medicare, serves over 8.2 million members through UnitedHealth, making it a significant revenue...