US health insurer shares fall after UnitedHealth flags Medicaid enrollment issues

FILE PHOTO: The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, CaliforniaNEW YORK - Shares of U.S. health insurers fell on Wednesday after UnitedHealth Group cited a near-term disturbance around reimbursement rates for Medicaid due to ongoing program-wide enrollment hurdles that began about a year ago.

A COVID-19 pandemic policy required states to maintain enrollment for people covered by government Medicaid programs for those with low income. That policy, which began in March of 2020, was terminated in April 2023, prompting each state to reassess who was eligible for coverage. In addition to Medicaid plans for people with low income, UnitedHealth and other insurers manage health plans for the U.S. Medicare program for people aged 65 and older or with disabilities.

Jamie Lafollette found out State Farm was dropping her policy from reading the news. After she saw a story about the insurer pulling out of Santa Cruz County, her longtime home, she called her agent to confirm that her plan would lapse - setting off a desperate search for a replacement policy that is ongoing.Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.

Colon cancer is affecting more younger adults, but it's easy to dismiss symptoms when they have similarities with less severe diseases.It's believed that over 25% of U.K. adults are obese, and a further 37% are overweight. If you are looking to lose some weight, leading experts from The Slimming Clinic, the U.K.'s largest online weight-loss clinic, have shared the four things that can really help you drop some pounds.Nvidia stock is on fire but you probably don’t need to buy it now.

Source: Healthcare Press (healthcarepress.net)

Health Insurers Medicaid Reimbursement Rates Enrollment Levels

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US health insurer shares fall after UnitedHealth flags Medicaid enrollment issuesShares of U.S. health insurers fell on Wednesday after UnitedHealth Group cited a near-term disturbance around reimbursement rates for Medicaid due to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

UnitedHealth Touted Cyberattack Repairs When Utah Was Still ReelingUnitedHealth Group Inc.’s claims that it had made progress fixing some systems in the weeks after a crippling cyberattack frustrated state health officials who said they were still having problems.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

UnitedHealth CEO's testimony to Congress on hack: Latest newsUnitedHealth Group (UNH) CEO Andrew Witty appeared before Congress on Wednesday to testify on the cyberattack that targeted the health insurance provider's...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO saysThe Change Healthcare cyberattack that disrupted health care systems nationwide earlier this year started when hackers entered a server that lacked a basic...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

UnitedHealth Group faces harsh congressional scrutinyUnitedHealth Group CEO Andrew Witty (UNH) faced a grilling from Congress over its Change Healthcare subsidiary's massive cybersecurity breach, during which...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

UnitedHealth CEO testifies before U.S. Senate and House on hackExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »