Senate report says UnitedHealth used aggressive tactics to boost medicare payments, WSJ reports
Jan 12 (Reuters) - Health insurer UnitedHealth Group used aggressive tactics to gather diagnoses that can boost Medicare Advantage payments, the Wall Street Journal reported on Monday, citing a U.S. Senate committee investigating the company's practices.
Shares of the company were down 1.4% to $339.42 in premarket trading.
The Senate report makes no formal recommendations and does not accuse UnitedHealth of wrongdoing, the Journal reported.
The company did not immediately respond to a Reuters request for comment.
(Reporting by Sneha S K; Editing by Tasim Zahid)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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