You can cancel at any time. Get up-to-the-minute news sent straight to your device. COVID-19 caused unexpected medical costs during the quarter from patients sickened in the pandemic, but the expenses were more than offset by savings for the insurance company because of fewer elective procedures. Growth includes "several hundred new surgeons," Wichmann said. As the deadline for United Healthcare leaving Iowa Medicaid looms, its replacement, Iowa Total Care, has been engaged in contract negotiations…, Democratic U.S. Rep. Dave Loebsack, Iowa, is calling the impending exit of UnitedHealthcare from Iowa’s Medicaid program “a disaster,” saying …. Not long after—with no notice in the press—McMahon's situation was swiftly resolved. The house was burdened with between $6 million and $7 million in loans, according to Alex Davis, his agent at the time, but it wasn't selling at an asking price of $4.6 million, amid a … Christopher Snowbeck covers health insurers, including Minnetonka-based UnitedHealth Group, and the business of running hospitals and clinics. To see all content on The Sun, please use the Site Map. With profits booming because of depressed demand for health care, the company's UnitedHealthcare health insurance division has pledged to address "imbalances" through a number of measures including premium rebates, cost-sharing waivers and grace periods for customer payments. Lake Minnetonka Sweeping Windows Breathe New Life Into This Lakeside Home. During the second quarter, enrollment in fully insured health plans at UnitedHealthcare declined by about 150,000 people, to just over 8 million. Revenue from the division that includes OptumCare was down slightly between the first and second quarters, but earnings from operations increased from $712 million to $841 million. Established January 3, 1908. by Philmer Eves 1932. A steady stream of voters as Minnesotans head to the polls, 1.8M absentee ballots returned in Minn.; feds send monitors, Minnesota firms join the rush to hire part-time workers for holidays, With surge in cases, Wisconsin has become a cautionary tale, Huge voter turnout expected despite virus, political rancor, Busiest October in 15 years for Twin Cities homebuilders, Local businesses brace for more unrest ahead of Election Day, Scoggins: Don't let beating Packers fool you. UnitedHealth Group's second-quarter profit jumped to $6.6 billion — double the earnings from the same period last year, and far beyond expectations — as the nation's largest health insurer paid out far fewer claims with the temporary shutdown of elective procedures due to COVID-19. UnitedHealthcare CEO retires just before company is set to pull out of Iowa Medicaid, {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}. With only a few weeks remaining in June, Iowa Medicaid patients and providers in the Quad-Cities are feeling the stress of approaching deadlines.

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