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UnitedHealth seeking meeting with Trump as it faces regulatory challenges: report
UnitedHealth has sought meetings with President Trump, although it has not secured one yet, the Wall Street Journal reported on Sunday. The attempts are part of a bolstered lobbying effort in Washington, DC, by the top U.S. health insurer at a time it faces numerous regulatory challenges, the paper reported. UnitedHealth has been grappling with high costs and federal investigations, including a criminal one into its Medicare billing practices, which have pushed its share price down around 30% this year. Stephen Hemsley returned to the CEO role in May, after the ouster of Andrew Witty, and promised to regain investor trust.