Healthcare Finance News December 1, 2023
UnitedHealth reaffirmed its 2023 earnings guidance and set its 2024 profit outlook, largely in line with forecasts, report says.
UnitedHealthcare is setting 2024 Medicare Advantage enrollments below market forecasts.
UnitedHealthcare, the largest health insurer in the United States, set its 2024 MA enrollment predictions for less than 8.1 million next year, UnitedHealth Group said in its Investor Conference 2023.
This is below projections of 8.4 million Medicare Advantage members that analysts had forecast, according to Bloomberg.
“This appears to be a disappointment,” TD Cowen analyst Gary Taylor wrote, according to Seeking Alpha. Taylor noted that the 2024 growth rate of 5% fell short of 11% growth year-to-date and that the company had expected its membership growth would exceed that of...
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