From Yahoo Finance: 2025-06-02 11:50:00

UnitedHealth Group’s new CEO Steve Hemsley aims to regain shareholders’ trust after an earnings miss earlier this year. The company faces challenges like higher medical costs and regulatory scrutiny, causing shares to drop by 40%. Hemsley plans to address rising costs in insurance plans and Medicare Advantage. Shareholders approved his $60 million pay package, while a proposal to limit executive compensation was rejected. UnitedHealth is also reviewing its business practices, including Optum Rx and UnitedHealthcare. The company faces scrutiny over billing practices, with the DOJ investigating Optum’s Medicare Advantage services. UnitedHealth maintains the integrity of its program amid these challenges. CEO Brian Thompson was tragically killed in December, adding to the company’s difficulties.



Read more at Yahoo Finance: New UnitedHealth CEO vows to restore shareholder trust