John Tozzi

2 weeks ago | news.bloomberglaw.com | John Tozzi |Ike Swetlitz

UnitedHealth Group Inc. shareholders approved a pay package for Chief Executive Officer Stephen Hemsley that includes a $60 million stock option award. The advisory vote is a sign of shareholders’ confidence in Hemsley, the chairman and returning CEO who helped shape UnitedHealth for decades. He reclaimed the top job last month as the health giant faces multiple crises that cut its market value by more than half since its November peak.

2 weeks ago | bloomberg.com | John Tozzi |Ike Swetlitz

Stephen Hemsley in 2012. (Bloomberg) -- UnitedHealth Group Inc. shareholders approved a pay package for Chief Executive Officer Stephen Hemsley that includes a $60 million stock option award. The advisory vote is a sign of shareholders’ confidence in Hemsley, the chairman and returning CEO who helped shape UnitedHealth for decades. He reclaimed the top job last month as the health giant faces multiple crises that cut its market value by more than half since its November peak.

3 weeks ago | postguam.com | John Tozzi

Stephen Hemsley never fully dropped the reins when he stepped down as UnitedHealth Group Inc.’s chief executive officer eight years ago. With the health giant in crisis, he’s taking back his old job – and confronting one of the toughest turnaround tasks any executive has ever faced.

4 weeks ago | news.bloombergtax.com | Ike Swetlitz |John Tozzi

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4 weeks ago | news.bloombergtax.com | John Tozzi |Ike Swetlitz

The Trump administration plans to expand government audits of private Medicare health plans, adding more scrutiny to an industry that’s been a profit driver for insurers. The Centers for Medicare and Medicaid Services intends to audit all eligible Medicare Advantage contracts each year and bolster the agency’s resources to do the reviews. “We are committed to crushing fraud, waste and abuse,” CMS Administrator Mehmet Oz said in a statement Wednesday.