This is a news story, published by CNBC, that relates primarily to UnitedHealth Group's news.
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Medicare Advantage businessCNBC
•Business
Business & Economics
86% Informative
UnitedHealth Group's stock sank after the company slashed its annual profit forecast.
The company cited higher-than-expected medical costs in its privately run Medicare plans.
Those bleak results could be a warning sign for other companies with Medicare Advantage plans.
Shares of competitor Humana fell 5% , while Elevance Health dropped more than 1% and CVS tumbled 2% ..
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