UnitedHealthcare, WakeMed in Healthcare Negotiation Standoff

Major healthcare contract dispute between UnitedHealthcare and WakeMed leaves North Carolinians without coverage at WakeMed facilities. UnitedHealthcares Medicare Advantage contract with WakeMed expired, making WakeMed out of network for those with this specific plan. WakeMed accuses UnitedHealthcare of removing Medicare Advantage from negotiations, while UnitedHealthcare blames WakeMed for demanding unreasonable rate increases. This disagreement could lead to patients paying up to forty percent more for certain services. UnitedHealthcares CEO claims WakeMed is demanding a nearly forty percent price hike, which would increase healthcare costs for North Carolinians by over ninety-four million dollars in two years. Despite the expired contract, both parties are continuing negotiations for commercial contracts this week. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.