UnitedHealth Falls as Medicare Cuts Threaten 2014 Profit
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UnitedHealth Group Inc., the biggest U.S. health insurer, fell the most in over three months after the company said lower reimbursements from the government’s Medicare program may hurt earnings in 2014.
UnitedHealth, the biggest private provider of Medicare benefits, declined 3.8 percent to $59.69 at 4 p.m. New York time. Humana Inc., the second-largest Medicare insurer, fell 3.1 percent to $72.21.