The company said in a statement that it has suspended its annual outlook for 2025, as "the medical costs of many Medicare Advantage beneficiaries new to UnitedHealthcare remained higher than expected...

UnitedHealth Group suspended its annual forecast on Tuesday and said CEO Andrew Witty has decided to step down for personal reasons, effective immediately.

Last year ended following the December 4 shooting death of UnitedHealthcare chief executive Brian Thompson, which unleashed a barrage of scrutiny on health insurer denials of medical care and certain ...