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Bankruptcies Soar U.S. consumer bankruptcy filings jumped nearly 33 percent in 2008 amid a recession that's expected to keep filings rising into the new year. Overall, consumer filings reached 1,064,927 last year, up from 801,840 in 2007, according to data collected by the National Bankruptcy Research Center and published by the American Bankruptcy Institute, an Alexandria, Va.-based research group. ...more
January 6, 2009
UnitedHealth Group Inc. will cut at least 4,000 jobs, or 5 percent of its work force, in a restructuring and warned Wednesday that a weaker environment and higher costs will cut into profits this year. ...more
July 3, 2008
Two powerful health trade groups will begin airing dueling ads this week in their fight over Medicare, hoping to influence Congress as lawmakers face pressure to reverse scheduled cuts in doctor fees. ...more
July 2, 2008
New York Attorney General Andrew Cuomo on Wednesday said he will sue Ingenix, its parent UnitedHealth Group and three subsidiaries, saying the insurers are defrauding consumers by manipulating how much doctors and hospitals are reimbursed. ...more
February 14, 2008
UnitedHealth Group executives acknowledge that missteps have frustrated patients and doctors and cost it customers, although it predicts a turnaround next year as it strives to improve customer service and roll out new types of health plans. ...more
December 7, 2007
The out-of-pocket cost of caring for an aging parent or spouse averages about $5,500 a year, according to the nation's first in-depth study of such expenses, a sum that is more than double previous estimates and more than the average American household spends annually on health care and entertainment combined. ...more
November 19, 2007
United HealthCare of Florida Inc. has agreed to pay an unprecedented $1.8 million to settle federal accusations of same-sex harassment by one of its former top executives. ...more
October 18, 2007
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