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UnitedHealthcare (UHC) is an insurance and managed care company with four main divisions: UnitedHealthcare Employer and Individual – provides health benefit plans and services for large national employers and individuals. UnitedHealthcare Medicare and Retirement – provides health and well-being services to individuals age 65 and older. [80]
[4] [5] UnitedHealthcare insures 49 million Americans and generated $281 billion in revenue for the 2023 fiscal year. [30] Under his leadership, UHC's profits increased from $12 billion in 2021 to $16 billion in 2023. [31] At the time of Thompson's death, the company was the largest health insurer in the United States. [32]
William McGuire (born 1948) [1] is an American healthcare executive best known for his tenure as chairman and chief executive officer of UnitedHealth Group from 1991 until his resignation in 2006, while under investigation for securities fraud, for which he would later settle out of court.
UnitedHealth Group held its first earnings call since the shooting of its insurance executive last month.UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New ...
Stephen J. Hemsley (born 4 June 1952) [1] [2] is an American businessman who is the chair of the board and former chief executive officer of UnitedHealth Group Inc.In August 2017, UnitedHealth announced that Hemsley would be stepping down after more than a decade as CEO and starting a newly created role of executive chairman of the board.
Universal Health Services, Inc. v. United States ex rel. Escobar, 579 U.S. ___ (2016), was a United States Supreme Court case in which the Court held that "the implied false certification theory can be a basis for False Claims Act liability when a defendant submitting a claim makes specific representations about the goods or services provided, but fails to disclose noncompliance with material ...
On 6 December 2024, after the murder of former CEO of UnitedHealth Group's subsidiary company UnitedHealthcare, Brian Thompson, [32] a video was leaked in which Witty stated, "Our role is a critical role, and we make sure that care is safe, appropriate, and is delivered when people need it" and that the insurer will continue to prevent "unnecessary care" and advised that people refrain from ...