UnitedHealth Group CEO steps down; suspends 2025 outlook on higher-than-expected medical costs

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....nitedHealth Group CEO steps down; suspends 2025 outlook on higher-than-expected medical costs<BR>PTI News<BR>Dated:- 13-5-2025<BR>PTI<BR>Washington, May 13 (AP) UnitedHealth CEO Andrew Witty is steppi....

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....ng down for personal reasons and the nation's largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. UnitedHealth said Tuesday that Chairman Step....

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....hen Hemsley will become CEO, effective immediately. Hemsley was UnitedHealth Group CEO from 2006 to 2017. He will remain chairman of the company's board. Witty will serve as a senior adviser to Hems....

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....ley. UnitedHealth said that it suspended its 2025 outlook as medical costs of many Medicare Advantage beneficiaries new to UnitedHealthcare were higher than expected. UnitedHealth anticipates retu....

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....rning to growth next year. (AP) NPK NPK<BR> News - Press release - PIB....