UnitedHealth Board Reelects Directors, Hikes Dividend As CEO Pledges Review Of Medicare Practices

1. UNH re-elected all directors and raised dividends to $2.21 per share. 2. CEO Andrew Witty resigned; Stephen Hemsley became the new CEO. 3. Stock has fallen nearly 40% this year after disappointing earnings. 4. Medicare billing practices will be reviewed amid rising regulatory scrutiny. 5. Company plans to re-evaluate controversial internal processes and Medicare strategies.