UnitedHealth takes another gut punch from government, as CMS boosts audit team - MarketWatch

1. CMS plans to expand audits of Medicare Advantage plans starting immediately. 2. UnitedHealth may face financial setbacks due to increased auditing and criminal probes. 3. Shares of UNH fell significantly, having dropped 48.5% since Q1 results. 4. Bipartisan drug price reduction efforts along with audits pressure MA plan providers. 5. CMS aims to audit 550 MA plans annually, increasing staffing dramatically.