On 4Q Earnings Call, UnitedHealth Addresses Macro, Micro Medical Cost Woes
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Jan 17, 2025
Underscoring the delicate — and sometimes dissonant — balancing act the company plays, UnitedHealth Group’s fourth-quarter earnings call had two overarching themes: philosophical musings about what’s wrong with American health care, and assurances that medical cost pressures that plagued the firm in 2024 won’t follow it into 2025. Still, the company’s stock dropped on the news that its fourth-quarter medical loss ratio (MLR) was higher than expected.
The Jan. 16 conference call was UnitedHealth’s first publicly broadcast event since the Dec. 4 death of Brian Thompson, who led the company’s insurance arm and was gunned down outside a New York City hotel where he was slated to participate in UnitedHealth’s annual Investor Day. Luigi Mangione, 26, is now facing charges related to a crime that police have indicated was motivated by simmering anger at the health insurance industry.
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