UnitedHealthcare offers employee buyouts after tumultuous months [View all]

Source: ABC News

February 19, 2025, 7:58 PM


UnitedHealthcare confirmed on Wednesday that it is offering some employees voluntary buyouts. UnitedHealthcare is the insurance subsidiary of UnitedHealth Group, and is the largest private health insurer in the United States.

It has been under a spotlight since the fatal shooting of CEO Brian Thompson in New York City on Dec. 4, 2024. Thompson was succeeded by Tim Noel in January.

"This voluntary option is part of our ongoing efforts to ensure our team is best positioned to meet the evolving needs of the people and customers we are honored to serve," a company spokesperson told ABC News.

"We continue to grow our workforce and hire talent based on the needs of our business," their statement said. In its January earnings call, UnitedHealth Group reported record revenues of $400.3 billion in 2024, while saying that it expects revenues of up to $455 billion in 2025.

Read more: https://abcnews.go.com/US/unitedhealthcare-offers-employee-buyouts-after-tumultuous-months/story?id=118988145