UnitedHealth cuts 2025 forecast after dealing with first-quarter care use spike
By TOM MURPHY, Associated Press Health Writer
UnitedHealth chopped its 2025 forecast after being surprised by rising care use from its Medicare Advantage customers in a worse-than-expected first quarter.
Shares of the health care giant tumbled early Thursday, and the report rattled insurance stocks across the sector.
UnitedHealth said a jump in care use came in far above what the company planned for 2025 and became apparent as the quarter ended. The jump was particularly notable in doctor and ou