Fierce Healthcare April 16, 2024
While all eyes were on UnitedHealth Group on Tuesday for an update on the cyberattack that’s continuing to disrupt the industry, the healthcare giant also offered an update on multiple critical trends in Medicare Advantage (MA).
UHG is a bellwether for the insurance industry and was the first to sound the alarm last year about a spike in utilization among seniors that dragged the medical loss ratios of multiple companies. In its fourth-quarter call, UnitedHealth executives said that a spike in COVID-19 admissions and respiratory syncytial virus vaccinations combined with a return to elective care to drive up utilization.
The seasonal activity has largely come to an end with the winter, said President and Chief Financial Officer John Rex on...
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