Opinion: UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste  - MarketWatch

1. Elon Musk and DOGE claim $55B federal cuts, citing Medicare Advantage overspending. Implications affect UNH’s revenue. 2. MedPac reports a projected $83B extra spend in 2024 for Medicare Advantage enrollees. This underscores cost inefficiencies. 3. DOJ investigates UNH over alleged upcoding in Medicare Advantage billing practices. The stock has dropped nearly 10%. 4. UNH vehemently denies fraud allegations amid political and regulatory controversies. The debate intensifies scrutiny on private insurers.