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UnitedHealth Group: Difference between revisions
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In 1988, United HealthCare started its first [[pharmacy benefit manager|pharmacy benefit management]], through its [[Diversified Pharmaceutical Services]] subsidiary. It managed pharmacy benefits delivered both through retail pharmacies and mail. The subsidiary was sold to [[SmithKline Beecham]] in 1994 for $2.3 billion.<ref name=phil1994>{{cite web| url=http://articles.philly.com/1994-05-04/news/25827533_1_drug-firms-pharmaceutical-marketplace-pharmaceutical-benefits|title=Smithkline Is Buying A Benefits Company It's Acquiring Diversified Pharmaceutical Services. The Cost: $2.3 Billion.|work=philly-archives|url-status=dead|archive-url=http://archive.wikiwix.com/cache/20160329220715/http://articles.philly.com/1994-05-04/news/25827533_1_drug-firms-pharmaceutical-marketplace-pharmaceutical-benefits|archive-date=March 29, 2016|df=mdy-all}}</ref> | In 1988, United HealthCare started its first [[pharmacy benefit manager|pharmacy benefit management]], through its [[Diversified Pharmaceutical Services]] subsidiary. It managed pharmacy benefits delivered both through retail pharmacies and mail. The subsidiary was sold to [[SmithKline Beecham]] in 1994 for $2.3 billion.<ref name=phil1994>{{cite web| url=http://articles.philly.com/1994-05-04/news/25827533_1_drug-firms-pharmaceutical-marketplace-pharmaceutical-benefits|title=Smithkline Is Buying A Benefits Company It's Acquiring Diversified Pharmaceutical Services. The Cost: $2.3 Billion.|work=philly-archives|url-status=dead|archive-url=http://archive.wikiwix.com/cache/20160329220715/http://articles.philly.com/1994-05-04/news/25827533_1_drug-firms-pharmaceutical-marketplace-pharmaceutical-benefits|archive-date=March 29, 2016|df=mdy-all}}</ref> | ||
In 1994, United HealthCare acquired Ramsey-HMO, a Florida insurer.<ref>{{Cite news| issn=0362-4331 | last=Freudenheim | first=Milt | title=COMPANY NEWS; Healthcare Acquisition Is Planned | work= | In 1994, United HealthCare acquired Ramsey-HMO, a Florida insurer.<ref>{{Cite news| issn=0362-4331 | last=Freudenheim | first=Milt | title=COMPANY NEWS; Healthcare Acquisition Is Planned | work=The New York Times | date=February 16, 1994 | url=https://www.nytimes.com/1994/02/16/business/company-news-healthcare-acquisition-is-planned.html | url-status=live| archive-url=https://web.archive.org/web/20150619090033/http://www.nytimes.com/1994/02/16/business/company-news-healthcare-acquisition-is-planned.html | archive-date=June 19, 2015 | df = mdy-all}}</ref> In 1995, the company acquired The MetraHealth Companies Inc. for $1.65 billion. MetraHealth was a privately held company formed by combining the group healthcare operations of [[The Travelers Companies]] and [[MetLife]]. In 1996, United HealthCare acquired HealthWise of America, which operated HMOs in Arkansas, Maryland, Kentucky and Tennessee.<ref>{{cite web|url=http://www.managedcaremag.com/archives/1996/3/united-healthcare-expands-presence-southeast-region |title=United HealthCare Expands Presence in Southeast Region |date=March 1, 1996 |website=managedcaremag.com | url-status=live |archive-url=https://web.archive.org/web/20161011120123/http://www.managedcaremag.com/archives/1996/3/united-healthcare-expands-presence-southeast-region|archive-date=October 11, 2016|df=mdy-all}}</ref> | ||
In 1998, the company was reorganized as the [[Holding company|holding]] of independent companies UnitedHealthcare, Ovations, Uniprise, Specialized Care Services and Ingenix, and rebranded as "UnitedHealth Group". Also in 1998, United Health Group acquired HealthPartners of Arizona, operator of Arizona's largest [[Arizona Health Care Cost Containment System|AHCCCS]] provider.<ref>{{cite web | title = HealthPartners sold; layoffs possible – Tucson Citizen Morgue, Part 2 (1993–2009) | url = http://tucsoncitizen.com/morgue2/1998/06/12/196795-healthpartners-sold-layoffs-possible/ | access-date = June 1, 2015 | archive-url = https://web.archive.org/web/20160304001838/http://tucsoncitizen.com/morgue2/1998/06/12/196795-healthpartners-sold-layoffs-possible/ | archive-date = March 4, 2016 | url-status = dead }}</ref> | In 1998, the company was reorganized as the [[Holding company|holding]] of independent companies UnitedHealthcare, Ovations, Uniprise, Specialized Care Services and Ingenix, and rebranded as "UnitedHealth Group". Also in 1998, United Health Group acquired HealthPartners of Arizona, operator of Arizona's largest [[Arizona Health Care Cost Containment System|AHCCCS]] provider.<ref>{{cite web | title = HealthPartners sold; layoffs possible – Tucson Citizen Morgue, Part 2 (1993–2009) | url = http://tucsoncitizen.com/morgue2/1998/06/12/196795-healthpartners-sold-layoffs-possible/ | access-date = June 1, 2015 | archive-url = https://web.archive.org/web/20160304001838/http://tucsoncitizen.com/morgue2/1998/06/12/196795-healthpartners-sold-layoffs-possible/ | archive-date = March 4, 2016 | url-status = dead }}</ref> | ||
=== 2000s === | === 2000s === | ||
In 2001, EverCare, a UnitedHealth Group subsidiary, merged with LifeMark Health Plans<ref>{{cite web |url=http://edgar.secdatabase.com/2528/95013702001930/filing-main.htm |title=UNITEDHEALTH GROUP INC, Form 10-K, Annual Report, Filing Date Apr 1, 2002 |publisher=secdatabase.com |access-date=May 16, 2018 |archive-url=https://web.archive.org/web/20180516175111/http://edgar.secdatabase.com/2528/95013702001930/filing-main.htm |archive-date=May 16, 2018 |url-status=live }}</ref> In 2002, UnitedHealth Group acquired GeoAccess and Medicaid insurance company AmeriChoice.<ref>{{cite news|url=https://www.nytimes.com/2002/06/19/business/company-news-unitedhealth-agrees-to-acquire-americhoice.html | title=UNITEDHEALTH AGREES TO ACQUIRE AMERICHOICE | date=June 19, 2002 | agency=[[Associated Press]]| newspaper= | In 2001, EverCare, a UnitedHealth Group subsidiary, merged with LifeMark Health Plans<ref>{{cite web |url=http://edgar.secdatabase.com/2528/95013702001930/filing-main.htm |title=UNITEDHEALTH GROUP INC, Form 10-K, Annual Report, Filing Date Apr 1, 2002 |publisher=secdatabase.com |access-date=May 16, 2018 |archive-url=https://web.archive.org/web/20180516175111/http://edgar.secdatabase.com/2528/95013702001930/filing-main.htm |archive-date=May 16, 2018 |url-status=live }}</ref> In 2002, UnitedHealth Group acquired GeoAccess and Medicaid insurance company AmeriChoice.<ref>{{cite news|url=https://www.nytimes.com/2002/06/19/business/company-news-unitedhealth-agrees-to-acquire-americhoice.html | title=UNITEDHEALTH AGREES TO ACQUIRE AMERICHOICE | date=June 19, 2002 | agency=[[Associated Press]]| newspaper=The New York Times |url-status=live|archive-url=https://web.archive.org/web/20170307020735/http://www.nytimes.com/2002/06/19/business/company-news-unitedhealth-agrees-to-acquire-americhoice.html|archive-date=March 7, 2017|df=mdy-all}}</ref> In 2003, UnitedHealth Group acquired Mid Atlantic Medical Services, an insurer serving Maryland, Washington D.C., Virginia, Delaware and West Virginia.<ref>{{Cite news| issn=0099-9660 | title=UnitedHealth Agrees to Buy Rival Mid Atlantic Medical| work=The Wall Street Journal | date=October 27, 2003| url=https://www.wsj.com/articles/SB106725362340602300| url-status=live| archive-url=https://web.archive.org/web/20150703120409/http://www.wsj.com/articles/SB106725362340602300| archive-date=July 3, 2015| df=mdy-all}}</ref> Also in 2003, UnitedHealth Group acquired Golden Rule Financial, a provider of health savings accounts.<ref>{{cite web| last=Thomas| first=Trevor| title=Rating Agencies: UnitedHealth To Acquire Golden Rule| work=LifeHealthPro| date=September 23, 2003| url=http://www.lifehealthpro.com/2003/09/23/rating-agencies-unitedhealth-to-acquire-golden-rul| url-status=dead| archive-url=https://web.archive.org/web/20150703045541/http://www.lifehealthpro.com/2003/09/23/rating-agencies-unitedhealth-to-acquire-golden-rul| archive-date=July 3, 2015| df=mdy-all| access-date=July 2, 2015}}</ref> On July 21, 2003, Exante Bank started operating in Salt Lake City, Utah, as a Utah state-chartered industrial loan corporation. It changed its name to OptumHealth Bank in 2008<ref>{{cite press release | url=https://www.businesswire.com/news/home/20080303005991/en/Exante-Financial-Services-OptumHealth-Financial-Services | title=Exante Financial Services Becomes OptumHealth Financial Services | publisher=[[Business Wire]] | date=March 3, 2008 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161803/https://www.businesswire.com/news/home/20080303005991/en/Exante-Financial-Services-OptumHealth-Financial-Services | archive-date=June 23, 2019 | url-status=live }}</ref> and to [[Optum Bank]] in 2012. | ||
In April 2004, UnitedHealth Group acquired Touchpoint Health Plan, a Wisconsin health plan.<ref>{{Cite news| title=UnitedHealthcare to acquire Touchpoint Health Plan – Milwaukee | work=[[American City Business Journals]] | url=http://www.bizjournals.com/milwaukee/stories/2004/03/29/daily49.html| url-status = live| archive-url=https://web.archive.org/web/20150703110439/http://www.bizjournals.com/milwaukee/stories/2004/03/29/daily49.html| archive-date=July 3, 2015}}</ref> In July 2004, the company acquired [[Oxford Health Plans]].<ref>{{Cite web|url=https://www.oxhp.com/main/united.html|title=Oxford Health Plans Announces Agreement to Merge With UnitedHealthcare|website=www.oxhp.com|access-date=2019-09-27|archive-url=https://web.archive.org/web/20061015225306/https://www.oxhp.com/main/united.html|archive-date=October 15, 2006|url-status=live}}</ref> | In April 2004, UnitedHealth Group acquired Touchpoint Health Plan, a Wisconsin health plan.<ref>{{Cite news| title=UnitedHealthcare to acquire Touchpoint Health Plan – Milwaukee | work=[[American City Business Journals]] | url=http://www.bizjournals.com/milwaukee/stories/2004/03/29/daily49.html| url-status = live| archive-url=https://web.archive.org/web/20150703110439/http://www.bizjournals.com/milwaukee/stories/2004/03/29/daily49.html| archive-date=July 3, 2015}}</ref> In July 2004, the company acquired [[Oxford Health Plans]].<ref>{{Cite web|url=https://www.oxhp.com/main/united.html|title=Oxford Health Plans Announces Agreement to Merge With UnitedHealthcare|website=www.oxhp.com|access-date=2019-09-27|archive-url=https://web.archive.org/web/20061015225306/https://www.oxhp.com/main/united.html|archive-date=October 15, 2006|url-status=live}}</ref> | ||
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In December 2005, the company acquired [[PacifiCare Health Systems]].<ref>{{cite press release | url=https://www.businesswire.com/news/home/20051221005166/en/UnitedHealth-Group-Completes-Merger-PacifiCare-Health-Systems | title=UnitedHealth Group Completes Merger with PacifiCare Health Systems, Inc. | publisher=[[Business Wire]] | date=December 21, 2005 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161803/https://www.businesswire.com/news/home/20051221005166/en/UnitedHealth-Group-Completes-Merger-PacifiCare-Health-Systems | archive-date=June 23, 2019 | url-status=live }}</ref> It agreed to divest parts of PacifiCare's commercial health insurance business in [[Tucson, Arizona]] and [[Boulder, Colorado]] to satisfy [[antitrust]] regulator concerns, and also agreed to end its network access agreement with [[Blue Shield of California]]. The Tucson business was sold to Cigna.<ref>{{cite news | url=https://amednews.com/article/20060710/business/307109992/6/ | title=United spins off members to Cigna | first=JONATHAN G. | last=BETHELY | work=American Medical News | date=July 10, 2006 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161745/https://amednews.com/article/20060710/business/307109992/6/ | archive-date=June 23, 2019 | url-status=live }}</ref> The company acquired Prescription Solutions, another pharmacy benefits manager, as part of its acquisition of [[PacifiCare Health Systems]].<ref>{{cite web | url=https://www.annualreports.com/HostedData/AnnualReportArchive/u/NYSE_UNH_2005.pdf | title=UnitedHealth Group 2005 Form 10-K | access-date=November 18, 2018 | archive-url=https://web.archive.org/web/20170421064712/https://www.annualreports.com/HostedData/AnnualReportArchive/u/NYSE_UNH_2005.pdf | archive-date=April 21, 2017 | url-status=live }}</ref> This business was later rebranded OptumRx. | In December 2005, the company acquired [[PacifiCare Health Systems]].<ref>{{cite press release | url=https://www.businesswire.com/news/home/20051221005166/en/UnitedHealth-Group-Completes-Merger-PacifiCare-Health-Systems | title=UnitedHealth Group Completes Merger with PacifiCare Health Systems, Inc. | publisher=[[Business Wire]] | date=December 21, 2005 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161803/https://www.businesswire.com/news/home/20051221005166/en/UnitedHealth-Group-Completes-Merger-PacifiCare-Health-Systems | archive-date=June 23, 2019 | url-status=live }}</ref> It agreed to divest parts of PacifiCare's commercial health insurance business in [[Tucson, Arizona]] and [[Boulder, Colorado]] to satisfy [[antitrust]] regulator concerns, and also agreed to end its network access agreement with [[Blue Shield of California]]. The Tucson business was sold to Cigna.<ref>{{cite news | url=https://amednews.com/article/20060710/business/307109992/6/ | title=United spins off members to Cigna | first=JONATHAN G. | last=BETHELY | work=American Medical News | date=July 10, 2006 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161745/https://amednews.com/article/20060710/business/307109992/6/ | archive-date=June 23, 2019 | url-status=live }}</ref> The company acquired Prescription Solutions, another pharmacy benefits manager, as part of its acquisition of [[PacifiCare Health Systems]].<ref>{{cite web | url=https://www.annualreports.com/HostedData/AnnualReportArchive/u/NYSE_UNH_2005.pdf | title=UnitedHealth Group 2005 Form 10-K | access-date=November 18, 2018 | archive-url=https://web.archive.org/web/20170421064712/https://www.annualreports.com/HostedData/AnnualReportArchive/u/NYSE_UNH_2005.pdf | archive-date=April 21, 2017 | url-status=live }}</ref> This business was later rebranded OptumRx. | ||
In February 2006, the company acquired [[John Deere]] Health Care.<ref>{{cite news | url=https://qctimes.com/business/deere-completes-sale-of-health-care-operations/article_6f6eac62-8d17-51fa-accd-f914719d9b38.html | title=Deere completes sale of health care operations | first=Kay | last=Luna | work=[[Quad-City Times]] | date=February 25, 2006 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161741/https://qctimes.com/business/deere-completes-sale-of-health-care-operations/article_6f6eac62-8d17-51fa-accd-f914719d9b38.html | archive-date=June 23, 2019 | url-status=live }}</ref><ref>{{cite press release | url=https://www.businesswire.com/news/home/20051206005552/en/UnitedHealth-Group-Purchase-John-Deere-Health-Care | title=UnitedHealth Group to Purchase John Deere Health Care; Builds on John Deere Health Care 20-Year Service History to Important Local Customers; Advances Efforts to Make Health Care Services More Affordable, More Available and Easier to Use | publisher=[[Business Wire]] | date=December 6, 2005 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161752/https://www.businesswire.com/news/home/20051206005552/en/UnitedHealth-Group-Purchase-John-Deere-Health-Care | archive-date=June 23, 2019 | url-status=live }}</ref><ref>{{cite news | url=https://qctimes.com/news/local/unitedhealthcare-to-buy-john-deere-health-care-jobs-to-remain/article_ba86dcb4-0bc1-5e27-96b7-ada8f3d3f535.html | title=UnitedHealthcare to buy John Deere Health Care; jobs to remain in Q-C | first=Jennifer | last=DeWitt | work=[[Quad-City Times]] | date=December 6, 2005 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161747/https://qctimes.com/news/local/unitedhealthcare-to-buy-john-deere-health-care-jobs-to-remain/article_ba86dcb4-0bc1-5e27-96b7-ada8f3d3f535.html | archive-date=June 23, 2019 | url-status=live }}</ref> The same year, [[William W. McGuire]] stepped down as chairman and director due to his involvement in the employee stock options scandal.<ref>{{cite news |title=Chief executive at U.S. health insurer forced out |url=https://www.nytimes.com/2006/10/16/business/worldbusiness/16iht-web.1016united.3168637.html| work= | In February 2006, the company acquired [[John Deere]] Health Care.<ref>{{cite news | url=https://qctimes.com/business/deere-completes-sale-of-health-care-operations/article_6f6eac62-8d17-51fa-accd-f914719d9b38.html | title=Deere completes sale of health care operations | first=Kay | last=Luna | work=[[Quad-City Times]] | date=February 25, 2006 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161741/https://qctimes.com/business/deere-completes-sale-of-health-care-operations/article_6f6eac62-8d17-51fa-accd-f914719d9b38.html | archive-date=June 23, 2019 | url-status=live }}</ref><ref>{{cite press release | url=https://www.businesswire.com/news/home/20051206005552/en/UnitedHealth-Group-Purchase-John-Deere-Health-Care | title=UnitedHealth Group to Purchase John Deere Health Care; Builds on John Deere Health Care 20-Year Service History to Important Local Customers; Advances Efforts to Make Health Care Services More Affordable, More Available and Easier to Use | publisher=[[Business Wire]] | date=December 6, 2005 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161752/https://www.businesswire.com/news/home/20051206005552/en/UnitedHealth-Group-Purchase-John-Deere-Health-Care | archive-date=June 23, 2019 | url-status=live }}</ref><ref>{{cite news | url=https://qctimes.com/news/local/unitedhealthcare-to-buy-john-deere-health-care-jobs-to-remain/article_ba86dcb4-0bc1-5e27-96b7-ada8f3d3f535.html | title=UnitedHealthcare to buy John Deere Health Care; jobs to remain in Q-C | first=Jennifer | last=DeWitt | work=[[Quad-City Times]] | date=December 6, 2005 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161747/https://qctimes.com/news/local/unitedhealthcare-to-buy-john-deere-health-care-jobs-to-remain/article_ba86dcb4-0bc1-5e27-96b7-ada8f3d3f535.html | archive-date=June 23, 2019 | url-status=live }}</ref> The same year, [[William W. McGuire]] stepped down as chairman and director due to his involvement in the employee stock options scandal.<ref>{{cite news |title=Chief executive at U.S. health insurer forced out |url=https://www.nytimes.com/2006/10/16/business/worldbusiness/16iht-web.1016united.3168637.html| work=The New York Times | date=October 16, 2006}}</ref> He was replaced by CEO Stephen Hemsley who had served as president and COO and a member of the board of directors. McGuire's exit compensation from UnitedHealth was anticipated to be $1.1 billion,<ref>{{cite news | url=http://www.chron.com/disp/story.mpl/headline/biz/4318193.html|title=Steffy: How William McGuire earned that fat paycheck | work=[[Houston Chronicle]] |url-status=live | archive-url=https://web.archive.org/web/20080329042755/http://www.chron.com/disp/story.mpl/headline/biz/4318193.html | archive-date=March 29, 2008 | df=mdy-all}}</ref> but he only received $618 million after returning $420 million in stock options.<ref>{{cite news |last1=Phelps |first1=David |title=McGuire pays again, ends SEC's inquiry |url=https://www.startribune.com/mcguire-pays-big-to-end-inquiry/12234411/ |access-date=21 May 2023 |publisher=StarTribune |date=6 December 2007}}</ref> | ||
In February 2008, the company acquired Sierra Health Services for $2.6 billion.<ref>{{cite press release | url=https://www.businesswire.com/news/home/20080225006528/en/UnitedHealth-Group-Completes-Acquisition-Sierra-Health-Services | title=UnitedHealth Group Completes Acquisition of Sierra Health Services | publisher=[[Business Wire]] | date=February 25, 2008 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161752/https://www.businesswire.com/news/home/20080225006528/en/UnitedHealth-Group-Completes-Acquisition-Sierra-Health-Services | archive-date=June 23, 2019 | url-status=live }}</ref> As part of the transaction, to obtain regulatory approval, 25,000 customers were sold to [[Humana]].<ref>{{cite web|url=http://www.crowell.com/NewsEvents/PressReleasesAnnouncements/Crowell-Morings-Antitrust-Group-Represents-Sierra-Health-Services-in-UnitedHealth-Groups-26-Billion-Acquisition|title=Crowell & Moring's Antitrust Group Represents Sierra Health Services in UnitedHealth Group's $2.6 Billion Acquisition|date=February 25, 2008 |url-status=live|archive-url=https://web.archive.org/web/20160315041733/https://www.crowell.com/NewsEvents/PressReleasesAnnouncements/Crowell-Morings-Antitrust-Group-Represents-Sierra-Health-Services-in-UnitedHealth-Groups-26-Billion-Acquisition|archive-date=March 15, 2016|df=mdy-all}}</ref> In July 2009, UnitedHealth Group agreed to acquire [[Health Net]]'s Northeast licensed subsidiaries for up to $570 million in payments spread out over two years.<ref>{{cite news | url=https://www.reuters.com/article/healthnet/update-2-unitedhealth-to-buy-some-health-net-operations-idUSN2014793120090720 | title=UPDATE 2-UnitedHealth to buy some Health Net operations | first=Jessica | last=Hall | work=[[Reuters]] | date=July 20, 2009 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623021140/https://www.reuters.com/article/healthnet/update-2-unitedhealth-to-buy-some-health-net-operations-idUSN2014793120090720 | archive-date=June 23, 2019 | url-status=live }}</ref> | In February 2008, the company acquired Sierra Health Services for $2.6 billion.<ref>{{cite press release | url=https://www.businesswire.com/news/home/20080225006528/en/UnitedHealth-Group-Completes-Acquisition-Sierra-Health-Services | title=UnitedHealth Group Completes Acquisition of Sierra Health Services | publisher=[[Business Wire]] | date=February 25, 2008 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623161752/https://www.businesswire.com/news/home/20080225006528/en/UnitedHealth-Group-Completes-Acquisition-Sierra-Health-Services | archive-date=June 23, 2019 | url-status=live }}</ref> As part of the transaction, to obtain regulatory approval, 25,000 customers were sold to [[Humana]].<ref>{{cite web|url=http://www.crowell.com/NewsEvents/PressReleasesAnnouncements/Crowell-Morings-Antitrust-Group-Represents-Sierra-Health-Services-in-UnitedHealth-Groups-26-Billion-Acquisition|title=Crowell & Moring's Antitrust Group Represents Sierra Health Services in UnitedHealth Group's $2.6 Billion Acquisition|date=February 25, 2008 |url-status=live|archive-url=https://web.archive.org/web/20160315041733/https://www.crowell.com/NewsEvents/PressReleasesAnnouncements/Crowell-Morings-Antitrust-Group-Represents-Sierra-Health-Services-in-UnitedHealth-Groups-26-Billion-Acquisition|archive-date=March 15, 2016|df=mdy-all}}</ref> In July 2009, UnitedHealth Group agreed to acquire [[Health Net]]'s Northeast licensed subsidiaries for up to $570 million in payments spread out over two years.<ref>{{cite news | url=https://www.reuters.com/article/healthnet/update-2-unitedhealth-to-buy-some-health-net-operations-idUSN2014793120090720 | title=UPDATE 2-UnitedHealth to buy some Health Net operations | first=Jessica | last=Hall | work=[[Reuters]] | date=July 20, 2009 | access-date=June 23, 2019 | archive-url=https://web.archive.org/web/20190623021140/https://www.reuters.com/article/healthnet/update-2-unitedhealth-to-buy-some-health-net-operations-idUSN2014793120090720 | archive-date=June 23, 2019 | url-status=live }}</ref> | ||
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| date=October 27, 2009 | work=[[Reuters]] | url-status=live|archive-url=https://web.archive.org/web/20091031200023/http://www.reuters.com/article/topNews/idUSTRE59Q3D320091027|archive-date=October 31, 2009|df=mdy-all}}</ref> | | date=October 27, 2009 | work=[[Reuters]] | url-status=live|archive-url=https://web.archive.org/web/20091031200023/http://www.reuters.com/article/topNews/idUSTRE59Q3D320091027|archive-date=October 31, 2009|df=mdy-all}}</ref> | ||
====Medicare overbilling lawsuit==== | ====Medicare overbilling lawsuit==== | ||
A whistleblower lawsuit, filed in 2011, charges UnitedHealth Group's data analytics division with assisting in defrauding [[Medicare (United States)|Medicare]] by boosting risk adjustment scores from [[Medicare Advantage]] companies. The suit alleges that UnitedHealth Group subsidiary Ingenix (now OptumInsight) "defrauded the United States of hundreds of millions — and likely billions — of dollars." Former UnitedHealth executive Benjamin Poehling brought the suit under the [[False Claims Act]]. The government said it would proceed on claims against two health care companies, UnitedHealth and its Texas subsidiary WellMed Medical Management. In February 2017, a federal judge unsealed the suit after the [[United States Department of Justice|Department of Justice]] announced it would join the case.<ref>{{cite news| last1=Williams Walsh | first1=Mary | title=UnitedHealth Group accused of overbilling Medicare | url=https://www.tampabay.com/news/business/unitedhealth-group-accused-of-overbilling-medicare/2313611/ | work= | A whistleblower lawsuit, filed in 2011, charges UnitedHealth Group's data analytics division with assisting in defrauding [[Medicare (United States)|Medicare]] by boosting risk adjustment scores from [[Medicare Advantage]] companies. The suit alleges that UnitedHealth Group subsidiary Ingenix (now OptumInsight) "defrauded the United States of hundreds of millions — and likely billions — of dollars." Former UnitedHealth executive Benjamin Poehling brought the suit under the [[False Claims Act]]. The government said it would proceed on claims against two health care companies, UnitedHealth and its Texas subsidiary WellMed Medical Management. In February 2017, a federal judge unsealed the suit after the [[United States Department of Justice|Department of Justice]] announced it would join the case.<ref>{{cite news| last1=Williams Walsh | first1=Mary | title=UnitedHealth Group accused of overbilling Medicare | url=https://www.tampabay.com/news/business/unitedhealth-group-accused-of-overbilling-medicare/2313611/ | work=The New York Times | date=February 17, 2017|language=en-us|url-status=live|archive-url=https://web.archive.org/web/20170217181015/http://www.tampabay.com/news/business/unitedhealth-group-accused-of-overbilling-medicare/2313611| archive-date=February 17, 2017|df=mdy-all}}</ref><ref>{{cite news |last1=Snowbeck| first1=Christopher| title=UnitedHealth Group targeted by whistleblower lawsuit|url=http://www.startribune.com/unitedhealth-group-targeted-by-whistleblower-lawsuit/414083943/ |work=Star Tribune|date=February 17, 2017|url-status=live| archive-url=https://web.archive.org/web/20170217173422/http://www.startribune.com/unitedhealth-group-targeted-by-whistleblower-lawsuit/414083943/|archive-date=February 17, 2017|df=mdy-all}}</ref> | ||
====''Richard Cole, and others v. United Healthcare''==== | ====''Richard Cole, and others v. United Healthcare''==== | ||