UnitedHealth Group $UNH (+2.15%) says it is complying with civil and criminal inquiries from the Department of Justice related to its Medicare activities. The company said it proactively reached out after media reports surfaced and remains confident in its practices. UNH has also initiated an independent review of its coding, managed care and pharmacy policies to increase transparency. A timeline for the Department of Justice review has not yet been determined.
Whatever the reason for the sell-off, this actually creates transparency and thought this was already initiated/known.
https://www.sec.gov/Archives/edgar/data/731766/000073176625000224/unh-20250723.htm
