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January 29, 2024
UnitedHealth’s self-dealing is accelerating
Summary
UnitedHealth Group, the largest for-profit healthcare company in the US, has intensively increased business transactions within its own divisions, sparking concerns of self-dealing and limited quality service offerings. The internal revenue of UnitedHealth grew over 25% in 2023, causing alarm over competition exclusion, quality assurance, and oversight evasion in the health care industry. Additionally, the dominance of its subdivisions, like Optum, might suggest financial engineering to bypass affordability requirements by the Affordable Care Act. Although legal, these practices offer few options and potentially reduce quality of care for patients.
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