3+ week, 4+ day ago   (556+ words) Costco announced Tuesday that it will start selling store-branded Medicare plans, the first in a slew of insurance products it will release over the coming years to bring “greater value” to seniors. The Issaquah, Wash.-based wholesaler – which already sells…...

5+ mon, 5+ day ago   (409+ words) UnitedHealth Group shares surged more than 8% after federal regulators unveiled a stronger-than-expected Medicare Advantage payment increase, delivering relief to the health insurance giant and the broader managed-care sector. The stock jumped from its Monday close of $281.41 to above $305 in intraday…...

2+ mon, 2+ week ago   (332+ words) Nearly 100 Nassau County retirees were caught double-dipping on Medicare checks for over 20 years — costing taxpayers over $1.6 million, a new audit found. Some 94 county retirees were confirmed to have collected Medicare Part B reimbursements from Nassau County for spouses who are…...

11+ mon, 4+ week ago   (233+ words) UnitedHealth has sought meetings with President Trump, although it has not secured one yet, the Wall Street Journal reported on Sunday. UnitedHealth has been grappling with high costs and federal investigations, including a criminal one into its Medicare billing practices,…...