United stock down a record 20% this am .

[sshafran]

Correct but it's a matter of time before call centers or the news gets to them and they'll all flee

They just nuked PDP comp.

 

[DonP]

They just nuked PDP comp.

I saw that . We know what's next !!!

 

[sman]

Sanctioned carriers can't enroll new that doesn't mean they drop existing - if I'm remembering correctly.
So they'd still retain some but man, it'd be a punch in the gut.

They aren't sanctioned (yet) are they? If and when that comes, oh boy.

I don't know how many are enrolled through retiree plans, but UHC is the provider for many retiree benefit plans on the MAPD side. Gonna be interesting to see how those plans change as well. I know they are an option for the state of Georgia retirees (teachers and state employees).

 

[Special Agent]

Sanctioned carriers can't enroll new that doesn't mean they drop existing - if I'm remembering correctly.
So they'd still retain some but man, it'd be a punch in the gut

they just need to use the delay, deny, delay, deny tactic that was used so successfully by out legal terrorist president and they can kick the can down the road for years. I imagine UHN has the best legal team available.

 

[sman]

Again, somebody always knows

 

[Northeast Agent]

Exiting less profitable markets where it sells Medicare Advantage plans for people aged 65 and older and making health insurance plan design changes to offer access to lower-cost healthcare providers and a focus on cheaper generic drugs, rather than pricey branded ones, could be under consideration at UnitedHealth, said Jeff Jonas, a portfolio manager at Gabelli Funds.

Even after fixing plan issues, investors will likely need to price in a legal settlement that could cost the company over $1 billion, said Jonas.

https://finance.yahoo.com/news/unitedhealth-investors-wary-looking-medicare-100657053.html?guce_referrer=YW5kcm9pZC1hcHA6Ly9jb20uZ29vZ2xlLmFuZHJvaWQuZ29vZ2xlcXVpY2tzZWFyY2hib3gv&guce_referrer_sig=AQAAAL_IiKRnp3lWC8pX_VbZ4P7mu70rPKYJfUJoWZ28HxM4z9czHQxL_v5f6Hs1WaY4T970ijdzcdySaRytx_kHNetWdVhv0N3vs_5GdZaI_nzteTeRjTavkH_5GK_epiqRL7Kke25MltQsg_8kYbh2iGbYJpjE7vVc7Da9qogJ_AAX&guccounter=2

 

[T Sparks]

That's ok,,,give it 24-36 months it will get back to 600, and at that those returns it will still beat the overall market. We are starting to see somewhat of a turn around on the price drop, with some insider buying.

 

[Special Agent]

my position of 200 at 310 from last week is in the money now. I wish i bought more when it was at 250 but i was scared however now i feel greedy!lol

 

[MedicareWAA]

Even after fixing plan issues, investors will likely need to price in a legal settlement that could cost the company over $1 billion, said Jonas.

That's not much of a liability for a company as large as United. That's not enough of a risk to "price in" to the stock. The trouble is that their potential liability is way more than $1 billion, which would be manageable but still suck.

 

[annon123]

From Bloomberg this morning "Shares are rebounding but still down 38% this year". When you open the screenshot (if you click you will see the recent stuff that doesn't show up without doing that) the data is through the end of the market yesterday.