UnitedHealth's stock falls a lot because costs for Medicare Advantage go up a lot.
Чтение
UnitedHealth had a bad day. Their stock price went down a lot after they said their profits would be lower than expected in 2025. This was because their Medicare Advantage plans cost more than they thought.
The company said people used their Medicare Advantage plans more than expected. The CEO said this was not good and not normal. But he thinks they can fix it soon.
UnitedHealth is a very big health company. They have many customers in different types of health plans, like Medicare and Medicaid. They also help people get medicine and give health care.
Other health companies are also having problems with Medicare Advantage plans. The government is paying them less money, and costs are going up. But the government might pay them more next year, which could help.
UnitedHealth still made a lot of money overall. But they expect to make less money in 2025 than they thought they would. Other health insurance company stocks also went down, but not as much as UnitedHealth's.
Вопросы
Why did UnitedHealth's stock price go down?
Their stock price went down because they said their profits would be lower than expected in 2025.
What did the CEO say about the use of Medicare Advantage plans?
The CEO said that people used their Medicare Advantage plans more than expected, which was not good and not normal.
Are other health companies also having problems?
Yes, other health companies are having problems with Medicare Advantage plans, as the government is paying them less money.
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