{"id":1423,"date":"2025-07-29T00:28:40","date_gmt":"2025-07-29T00:28:40","guid":{"rendered":"https:\/\/toposuranos.com\/InvestorInsight\/?p=1423"},"modified":"2025-07-29T00:28:40","modified_gmt":"2025-07-29T00:28:40","slug":"unitedhealth-unh-%e6%80%a5%e8%90%bd%e5%be%8c%e3%81%ae%e6%8a%95%e8%b3%87%e6%a9%9f%e4%bc%9a%e3%81%8b%e3%80%81%e4%be%a1%e5%80%a4%e3%81%ae%e7%bd%a0%e3%81%8b%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/toposuranos.com\/InvestorInsight\/ja\/2025\/07\/29\/unitedhealth-unh-%e6%80%a5%e8%90%bd%e5%be%8c%e3%81%ae%e6%8a%95%e8%b3%87%e6%a9%9f%e4%bc%9a%e3%81%8b%e3%80%81%e4%be%a1%e5%80%a4%e3%81%ae%e7%bd%a0%e3%81%8b%ef%bc%9f\/","title":{"rendered":"UnitedHealth (UNH) : \u6025\u843d\u5f8c\u306e\u6295\u8cc7\u6a5f\u4f1a\u304b\u3001\u4fa1\u5024\u306e\u7f60\u304b\uff1f"},"content":{"rendered":"<h1>UnitedHealth (UNH): \u6025\u843d\u5f8c\u306e\u6295\u8cc7\u6a5f\u4f1a\u304b\u3001\u4fa1\u5024\u306e\u7f60\u304b\uff1f<\/h1>\n<h2>\u5e8f\u8ad6: UnitedHealth\u306e\u5909\u52d5\u6027\u3068\u6a5f\u4f1a\u306e\u6a21\u7d22<\/h2>\n<p>\n2025\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u3001UnitedHealth Group (<strong>UNH<\/strong>) \u306e\u682a\u306f\u9632\u5fa1\u7684\u306a\u907f\u96e3\u5148\u3067\u306f\u306a\u304f\u306a\u308a\u3001S&amp;P&nbsp;500\u6307\u6570\u306e\u4e2d\u3067\u6700\u3082\u5909\u52d5\u6027\u306e\u9ad8\u3044\u8cc7\u7523\u306e\u4e00\u3064\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u30d8\u30eb\u30b9\u30b1\u30a2\u306e\u5de8\u4eba\u306e\u682a\u4fa1\u306f2024\u5e74\u306e\u6700\u9ad8\u5024\u304b\u3089\u7d0450 %\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u56db\u534a\u671f\u6c7a\u7b97\u306e\u5931\u671b\u3001\u5c06\u6765\u4e88\u60f3\u306e\u4e0b\u65b9\u4fee\u6b63\u3001<em>Medicare Advantage<\/em>\u4e8b\u696d\u306e\u554f\u984c\u3001\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\u306e\u8f9e\u4efb\u3001\u898f\u5236\u76e3\u8996\u306e\u5f37\u5316\u304c\u91cd\u306a\u3063\u305f\u305f\u3081\u3067\u3059\u30022025\u5e747\u670821\u65e5\u306e\u7d42\u5024\u3067\u306f\u3001\u682a\u4fa1\u306f1\u682a\u3042\u305f\u308a282.14 USD\u3001\u5e02\u5834\u4fa1\u5024\u306f\u7d042,559\u5104\u30c9\u30eb\u3067\u3001\u904e\u53bb12\u304b\u6708\u3067\u7d0449 %\u4e0b\u843d\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u5b89\u304f\u8cb7\u3046\u30c1\u30e3\u30f3\u30b9\u306a\u306e\u304b\u3001\u305d\u308c\u3068\u3082\u907f\u3051\u308b\u3079\u304d\u4fa1\u5024\u306e\u7f60\u306a\u306e\u304b\uff1f\u672c\u5206\u6790\u3067\u306f\u3001\u6700\u8fd1\u306e\u51fa\u6765\u4e8b\u3001\u4f1a\u793e\u306e\u8ca1\u52d9\u57fa\u76e4\u3001\u4eca\u5f8c\u306e\u30ea\u30b9\u30af\u3092\u6df1\u304f\u6398\u308a\u4e0b\u3052\u3001\u60c5\u5831\u306b\u57fa\u3065\u3044\u305f\u5224\u65ad\u3092\u884c\u3044\u307e\u3059\u3002\n<\/p>\n<h2>\u6700\u8fd1\u306e\u80cc\u666f: \u671f\u5f85\u5916\u308c\u306e\u696d\u7e3e\u3001\u30ea\u30fc\u30c0\u30fc\u4ea4\u4ee3\u3068\u898f\u5236\u5727\u529b<\/h2>\n<p>\nUNH\u306e\u6025\u843d\u306f2025\u5e744\u6708\u3001\u540c\u793e\u304c\u7b2c1\u56db\u534a\u671f\u306e\u4e88\u60f3\u3092\u4e0b\u56de\u308b\u6c7a\u7b97\u3092\u767a\u8868\u3057\u30012025\u5e74\u306e1\u682a\u5f53\u305f\u308a\u5229\u76ca (BPA) \u306e\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u5927\u5e45\u306b\u4e0b\u65b9\u4fee\u6b63\u3057\u305f\u3068\u304d\u306b\u59cb\u307e\u308a\u307e\u3057\u305f\u3002\u58f2\u4e0a\u9ad8\u306f1,096\u5104\u30c9\u30eb\u3067\u3001\u524d\u5e74\u540c\u671f\u6bd498\u5104\u30c9\u30eb\u306e\u5897\u52a0\u3067\u3057\u305f\u304c\u3001\u8abf\u6574\u5f8c\u306e1\u682a\u5f53\u305f\u308a\u5229\u76ca\u306f7.20 USD\u3068\u4e88\u60f3\u3092\u4e0b\u56de\u308a\u3001\u4f1a\u793e\u306f2025\u5e74\u306e\u8abf\u6574\u5f8cBPA\u4e88\u60f3\u309229.50\u201130 USD\u304b\u308926\u201126.50 USD\u306b\u5f15\u304d\u4e0b\u3052\u307e\u3057\u305f\u3002<em>Medicare Advantage<\/em>\u30d7\u30e9\u30f3\u306b\u304a\u3051\u308b\u533b\u7642\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u306e\u4e88\u60f3\u5916\u306e\u5897\u52a0\u3068Optum Health\u306b\u304a\u3051\u308b\u52a0\u5165\u8005\u69cb\u6210\u306e\u5909\u5316\u304c\u5727\u529b\u306e\u4e3b\u306a\u8981\u56e0\u3068\u3057\u3066\u6307\u6458\u3055\u308c\u307e\u3057\u305f\u3002\n<\/p>\n<p>\n\u6570\u304b\u6708\u5f8c\u3001\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\u306e\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u30fb\u30a6\u30a3\u30c3\u30c6\u30a3\u304c\u8f9e\u4efb\u3092\u8868\u660e\u3057\u3001\u53d6\u7de0\u5f79\u4f1a\u306f\u5143CEO\u306e\u30b9\u30c6\u30a3\u30fc\u30d6\u30f3\u30fb\u30d8\u30e0\u30ba\u30ea\u30fc\u3092\u66ab\u5b9a\u7684\u306b\u4f1a\u793e\u306e\u6307\u63ee\u306b\u4efb\u547d\u3057\u307e\u3057\u305f\u3002\u3053\u306e\u30c8\u30c3\u30d7\u4eba\u4e8b\u306e\u8ee2\u63db\u306f\u4e0d\u78ba\u5b9f\u6027\u3092\u3055\u3089\u306b\u9ad8\u3081\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u3001\u53f8\u6cd5\u7701 (DOJ) \u304cMedicare Advantage\u30d7\u30e9\u30f3\u306e\u30b3\u30fc\u30c7\u30a3\u30f3\u30b0\u3068\u8acb\u6c42\u6163\u884c\u306b\u3064\u3044\u3066\u6c11\u4e8b\u304a\u3088\u3073\u5211\u4e8b\u306e\u8abf\u67fb\u3092\u884c\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u5642\u3068\u4e00\u81f4\u3057\u305f\u304b\u3089\u3067\u3059\u3002\u898f\u5236\u5f53\u5c40\u306f\u3001\u540c\u793e\u304c\u653f\u5e9c\u304b\u3089\u306e\u652f\u6255\u3044\u3092\u5897\u3084\u3059\u305f\u3081\u306b\u52a0\u5165\u8005\u306e\u8a3a\u65ad\u3092\u4eba\u70ba\u7684\u306b\u81a8\u3089\u307e\u305b\u305f\u304b\u3069\u3046\u304b\u3092\u8abf\u3079\u3066\u304a\u308a\u3001\u3053\u308c\u304c\u91cd\u5927\u306a\u5236\u88c1\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u308c\u306b\u52a0\u3048\u3066\u3001DOJ\u306fUnitedHealth\u306e\u5782\u76f4\u7d71\u5408\u304c\u7af6\u4e89\u3068\u60a3\u8005\u3092\u8105\u304b\u3059\u3068\u4e3b\u5f35\u3057\u3001Amedisys\u306e\u8cb7\u53ce\u3092\u963b\u6b62\u3059\u308b\u305f\u3081\u306e\u72ec\u7981\u8a34\u8a1f\u3092\u8d77\u3053\u3057\u307e\u3057\u305f\u3002\n<\/p>\n<p>\n<em>Medicare<\/em>\u306e\u65b0\u3057\u3044\u652f\u6255\u3044\u898f\u5247 (\u30d0\u30fc\u30b8\u30e7\u30f3V28) \u3082\u696d\u754c\u306b\u6253\u6483\u3092\u4e0e\u3048\u307e\u3057\u305f\u3002\u3053\u308c\u3089\u306e\u898f\u5247\u306f\u30ea\u30b9\u30af\u8a08\u7b97\u3092\u53b3\u683c\u5316\u3057\u3001\u511f\u9084\u3092\u6e1b\u3089\u3057\u3001<em>Medicare Advantage<\/em>\u4e8b\u696d\u306e\u5229\u76ca\u7387\u3092\u60aa\u5316\u3055\u305b\u307e\u3057\u305f\u3002\u4f1a\u793e\u306f\u3001\u52a0\u5165\u8005\u306b\u3088\u308b\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u306e\u5897\u52a0\u3068\u898f\u5236\u306e\u66f4\u65b0\u304c\u533b\u7642\u8cbb\u7387\u306b\u5727\u529b\u3092\u304b\u3051\u3001\u5229\u76ca\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u4e0b\u3052\u3056\u308b\u3092\u5f97\u306a\u304b\u3063\u305f\u3068\u8a8d\u3081\u307e\u3057\u305f\u3002\n<\/p>\n<h2>UnitedHealth\u306e\u8ca1\u52d9\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u57fa\u790e<\/h2>\n<p>\nUnitedHealth\u306f\u591a\u89d2\u7684\u306a\u30b3\u30f3\u30b0\u30ed\u30de\u30ea\u30c3\u30c8\u3067\u3042\u308a\u3001\u4fdd\u967a\u30d7\u30e9\u30f3\u3092\u63d0\u4f9b\u3059\u308bUnitedHealthcare\u3068\u3001\u533b\u7642\u30b5\u30fc\u30d3\u30b9\u30fb\u85ac\u5c40\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3092\u63d0\u4f9b\u3059\u308bOptum\u306e2\u3064\u306e\u67f1\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u306e\u898f\u6a21\u306f\u4ed6\u306e\u4fdd\u967a\u4f1a\u793e\u306b\u5bfe\u3057\u3066\u7af6\u4e89\u4e0a\u306e\u512a\u4f4d\u6027\u3092\u4e0e\u3048\u307e\u3059\u304c\u3001\u305d\u306e\u4e8b\u696d\u306f\u516c\u7684\u8cc7\u91d1\u306b\u5927\u304d\u304f\u4f9d\u5b58\u3057\u3066\u3044\u307e\u3059\u30022024\u5e74\u3001\u540c\u793e\u306f4,003\u5104\u30c9\u30eb\u306e\u58f2\u4e0a\u3092\u8a08\u4e0a\u3057\u30012023\u5e74\u6bd4\u30678 %\u5897\u52a0\u3001\u55b6\u696d\u5229\u76ca\u306f323\u5104\u30c9\u30eb\u3067\u3057\u305f\u3002UnitedHealthcare\u90e8\u9580\u306f2,982\u5104\u30c9\u30eb\u306e\u53ce\u76ca\u3068156\u5104\u30c9\u30eb\u306e\u55b6\u696d\u5229\u76ca\u3092\u3082\u305f\u3089\u3057\u3001\u30b5\u30fc\u30d3\u30b9\u90e8\u9580Optum\u306f2,53 \u5146\u30c9\u30eb\u306e\u58f2\u4e0a\u3068167\u5104\u30c9\u30eb\u306e\u5229\u76ca\u3092\u751f\u307f\u51fa\u3057\u307e\u3057\u305f\u3002\n<\/p>\n<p>\n2025\u5e74\u7b2c1\u56db\u534a\u671f (1T25) \u3067\u306f\u58f2\u4e0a\u9ad8\u304c1,096\u5104\u30c9\u30eb\u306b\u9054\u3057\u307e\u3057\u305f\u304c\u3001\u533b\u7642\u8cbb\u7387\u306f84.8 %\u306b\u4e0a\u6607\u3057\u3001\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u306e\u5897\u52a0\u3068\u30b3\u30b9\u30c8\u9ad8\u3092\u53cd\u6620\u3057\u3066\u3044\u307e\u3059\u3002\u4f1a\u793e\u306f\u5229\u76ca\u898b\u901a\u3057\u3092\u5f15\u304d\u4e0b\u3052\u3001\u5229\u76ca\u7387\u304c\u5f15\u304d\u7d9a\u304d\u5727\u529b\u3092\u53d7\u3051\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u8b66\u544a\u3057\u307e\u3057\u305f\u3002\u305d\u308c\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306f\u5805\u8abf\u3067\u3059\u30022024\u5e74\u306b\u306f242\u5104\u30c9\u30eb\u306e\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc (\u7d14\u5229\u76ca\u306e1.6\u500d) \u3092\u751f\u307f\u51fa\u3057\u3001160\u5104\u30c9\u30eb\u8d85\u3092\u914d\u5f53\u3068\u81ea\u793e\u682a\u8cb7\u3044\u3068\u3057\u3066\u5206\u914d\u3057\u307e\u3057\u305f\u30021T25\u3067\u306f\u914d\u5f53\u3068\u81ea\u793e\u682a\u8cb7\u3044\u3092\u901a\u3058\u3066\u7d0450\u5104\u30c9\u30eb\u3092\u682a\u4e3b\u306b\u9084\u5143\u3057\u307e\u3057\u305f\u3002\n<\/p>\n<p>\n\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306e\u89b3\u70b9\u304b\u3089\u3001\u682a\u4fa1\u306f\u904e\u53bb12\u304b\u6708\u306e\u5229\u76ca\u306b\u5bfe\u3057\u3066\u7d0411.7\u500d\u306e\u4fa1\u683c\u53ce\u76ca\u6bd4\u7387 (<em>P\/E<\/em>) \u3067\u53d6\u5f15\u3055\u308c\u3066\u304a\u308a\u3001\u904e\u53bb5\u5e74\u9593\u306e\u5e73\u5747 (\u7d0425\u500d) \u3084Cigna\u3001Humana\u3068\u3044\u3063\u305f\u30e9\u30a4\u30d0\u30eb\u3088\u308a\u3082\u304b\u306a\u308a\u4f4e\u3044\u6c34\u6e96\u3067\u3059\u3002\u30d0\u30fc\u30f3\u30b9\u30bf\u30a4\u30f3\u793e\u306f\u3001UNH\u306e\u5148\u884cP\/E\u304c\u7d0413.95\u500d\u3067\u3042\u308a\u3001\u6b74\u53f2\u7684\u5e73\u5747\u306b\u5bfe\u3057\u3066\u7d0440 %\u306e\u5272\u5f15\u306b\u76f8\u5f53\u3059\u308b\u3068\u63a8\u5b9a\u3057\u3066\u3044\u307e\u3059\u300212\u304b\u6708\u306e\u914d\u5f53\u5229\u56de\u308a\u306f\u7d043 %\u3067\u30012025\u5e74\u7b2c1\u56db\u534a\u671f\u306e\u914d\u5f53\u6027\u5411\u306f29 %\u3067\u3042\u308a\u3001\u914d\u5f53\u3092\u5897\u3084\u3059\u4f59\u529b\u304c\u3042\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\n<\/p>\n<h2>\u898f\u5236\u30ea\u30b9\u30af\u3068\u904b\u55b6\u4e0a\u306e\u8ab2\u984c<\/h2>\n<p>\n\u4eca\u65e5\u306eUnitedHealth\u306b\u3068\u3063\u3066\u4e3b\u306a\u30ea\u30b9\u30af\u306f\u8ca1\u52d9\u3067\u306f\u306a\u304f\u898f\u5236\u3067\u3059\u3002<em>Medicare Advantage<\/em>\u306b\u304a\u3051\u308b\u8a50\u6b3a\u7591\u60d1\u306b\u5bfe\u3059\u308bDOJ\u306e\u8abf\u67fb\u306f\u3001\u91cd\u5927\u306a\u5236\u88c1\u3001\u511f\u9084\u30e2\u30c7\u30eb\u306e\u5909\u66f4\u3001\u3055\u3089\u306b\u306f\u5782\u76f4\u7d71\u5408\u30e2\u30c7\u30eb\u3078\u306e\u5236\u9650\u3092\u3082\u305f\u3089\u3059\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3055\u3089\u306b\u3001\u53f8\u6cd5\u7701\u306fUnitedHealth\u304c\u8cb7\u53ce\u306b\u3088\u3063\u3066\u62e1\u5927\u3059\u308b\u3053\u3068\u306b\u3059\u3067\u306b\u53cd\u5bfe\u3092\u793a\u3057\u3066\u304a\u308a\u3001Amedisys\u306e\u8cb7\u53ce\u304c\u5728\u5b85\u533b\u7642\u5e02\u5834\u3092\u3055\u3089\u306b\u7d71\u5408\u3059\u308b\u3068\u4e3b\u5f35\u3057\u3066\u3044\u307e\u3059\u3002\n<\/p>\n<p>\n\u904b\u55b6\u9762\u3067\u306f\u3001<em>Medicare Advantage<\/em>\u4e8b\u696d\u306e\u6025\u6210\u9577\u306f\u8af8\u5203\u306e\u5263\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u3042\u308b\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306e\u5831\u544a\u306b\u3088\u308b\u3068\u3001\u7b2c2\u56db\u534a\u671f\u306e\u682a\u4fa1\u6025\u843d\u306e\u8981\u56e0\u306f2\u3064\u3042\u308a\u307e\u3059\u3002 (1) \u56e3\u4f53<em>Medicare Advantage<\/em>\u30d7\u30e9\u30f3\u306b\u304a\u3051\u308b\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u306e\u5897\u52a0\u3067\u533b\u7642\u8cbb\u7387\u304c\u4e0a\u6607\u3057\u305f\u3053\u3068\u3001 (2) \u65b0\u898f\u52a0\u5165\u8005\u306e\u30df\u30c3\u30af\u30b9\u304c\u60aa\u5316\u3057\u305f\u3053\u3068\u3067\u3059\u3002\u591a\u304f\u306e\u60a3\u8005\u304c\u7af6\u5408\u4ed6\u793e\u304b\u3089\u79fb\u3063\u3066\u304d\u305f\u969b\u3001\u81ea\u8eab\u306e\u5065\u5eb7\u3092\u304a\u308d\u305d\u304b\u306b\u3057\u3066\u304a\u308a\u3001\u81e8\u5e8a\u7684\u306a\u8907\u96d1\u3055\u304c\u9ad8\u304b\u3063\u305f\u305f\u3081\u3001\u30b1\u30a2\u30b3\u30b9\u30c8\u304c\u4e0a\u6607\u3057\u307e\u3057\u305f\u3002\u7d4c\u55b6\u9663\u306f\u3001\u3053\u308c\u3089\u306e\u554f\u984c\u306f\u6539\u5584\u53ef\u80fd\u3060\u304c\u3001\u6642\u9593\u304c\u304b\u304b\u308a\u3001\u511f\u9084\u5951\u7d04\u306e\u8abf\u6574\u304c\u5fc5\u8981\u3067\u3042\u308b\u3068\u8a8d\u3081\u3066\u3044\u307e\u3059\u3002\n<\/p>\n<p>\n\u3082\u3046\u4e00\u3064\u6ce8\u610f\u3059\u3079\u304d\u8981\u7d20\u306f\u3001<em>Medicare<\/em>\u652f\u6255\u3044\u30b9\u30ad\u30fc\u30e0\u306e\u30d0\u30fc\u30b8\u30e7\u30f3V28\u306e\u5c0e\u5165\u3067\u3059\u3002\u3053\u306e\u6539\u9769\u306f\u30ea\u30b9\u30af\u8a08\u7b97\u3092\u53b3\u683c\u306b\u3057\u3001\u511f\u9084\u3092\u6e1b\u3089\u3059\u305f\u3081\u3001\u3059\u3079\u3066\u306e\u4fdd\u967a\u4f1a\u793e\u306b\u5f71\u97ff\u3057\u307e\u3059\u304c\u3001<em>Medicare Advantage<\/em>\u3078\u306e\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u304c\u5927\u304d\u3044UnitedHealth\u304c\u3088\u308a\u5927\u304d\u306a\u5f71\u97ff\u3092\u53d7\u3051\u307e\u3059\u3002\u540c\u793e\u306f\u307e\u305f\u30012024\u5e74\u306b\u767a\u751f\u3057\u305f\u30b5\u30a4\u30d0\u30fc\u653b\u6483\u306b\u76f4\u9762\u3057\u3001\u8cbb\u7528\u304c\u5897\u52a0\u3057Optum\u306e\u904b\u55b6\u304c\u5727\u8feb\u3055\u308c\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u3059\u3067\u306b\u5bfe\u51e6\u6e08\u307f\u3067\u3059\u304c\u3001\u6280\u8853\u7684\u306a\u30ea\u30b9\u30af\u3078\u306e\u8106\u5f31\u6027\u3092\u601d\u3044\u8d77\u3053\u3055\u305b\u307e\u3059\u3002\n<\/p>\n<h2>\u696d\u754c\u306e\u5c55\u671b\u3068\u7af6\u5408\u4ed6\u793e\u3068\u306e\u6bd4\u8f03<\/h2>\n<p>\n\u4fdd\u967a\u304a\u3088\u3073\u533b\u7642\u30b5\u30fc\u30d3\u30b9\u5206\u91ce\u306e\u7af6\u4e89\u306f\u4f9d\u7136\u3068\u3057\u3066\u6fc0\u3057\u3044\u3067\u3059\u3002CVS Health\u306e\u3088\u3046\u306a\u4f01\u696d\u306f\u3001\u3088\u308a\u591a\u69d8\u306a\u53ce\u76ca\u69cb\u6210\u3068<em>Medicare Advantage<\/em>\u3078\u306e\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u304c\u5c11\u306a\u3044\u305f\u3081\u3001\u30b3\u30b9\u30c8\u5727\u529b\u3092\u3046\u307e\u304f\u56de\u907f\u3057\u3066\u3044\u307e\u3059\u30022025\u5e74\u7b2c2\u56db\u534a\u671f\u306b\u306fCVS\u306e\u682a\u4fa1\u304c2.5 %\u4e0a\u6607\u3057\u305f\u4e00\u65b9\u3067\u3001UNH\u306f40 %\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002CVS\u306f2025\u5e74\u306eBPA\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u5f15\u304d\u4e0a\u3052\u3055\u3048\u3057\u307e\u3057\u305f\u304c\u3001UnitedHealth\u306f\u5f15\u304d\u4e0b\u3052\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u533b\u7642\u30ea\u30b9\u30af\u7ba1\u7406\u3068\u8cc7\u672c\u898f\u5f8b\u304c\u9055\u3044\u3092\u751f\u3080\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\n<\/p>\n<p>\n\u305d\u308c\u3067\u3082\u3001UNH\u306e\u7af6\u4e89\u4e0a\u306e\u512a\u4f4d\u6027\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u306f\u3044\u3051\u307e\u305b\u3093\u3002\u305d\u306e\u30d7\u30ed\u30d0\u30a4\u30c0\u30fc\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3001\u4e8b\u696d\u898f\u6a21\u3001\u305d\u3057\u3066Optum\u306e\u7bc4\u56f2 (\u85ac\u5c40\u3001\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u3001\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u30b5\u30fc\u30d3\u30b9\u3092\u542b\u3080) \u306f\u3001\u4fa1\u5024\u306b\u57fa\u3065\u304f\u30b1\u30a2\u3078\u306e\u79fb\u884c\u306b\u304a\u3044\u3066\u4e3b\u8981\u306a\u30d7\u30ec\u30fc\u30e4\u30fc\u306b\u3057\u3066\u3044\u307e\u3059\u3002\u540c\u793e\u306f470\u4e07\u4eba\u4ee5\u4e0a\u306e\u60a3\u8005\u306b\u30d0\u30ea\u30e5\u30fc\u30b1\u30a2\u5951\u7d04\u306e\u3082\u3068\u3067\u30b5\u30fc\u30d3\u30b9\u3092\u63d0\u4f9b\u3057\u3066\u304a\u308a\u30012025\u5e74\u306b\u306f\u3055\u3089\u306b65\u4e07\u4eba\u3092\u8ffd\u52a0\u3059\u308b\u4e88\u5b9a\u3067\u3059\u3002\u3053\u306e\u30dd\u30b8\u30b7\u30e7\u30cb\u30f3\u30b0\u306b\u3088\u308a\u3001\u653f\u5e9c\u3068\u306e\u5951\u7d04\u3092\u3046\u307e\u304f\u518d\u4ea4\u6e09\u3057\u3001\u6b21\u306e\u4fa1\u683c\u30b5\u30a4\u30af\u30eb\u3067\u6599\u91d1\u3092\u8abf\u6574\u3059\u308b\u3053\u3068\u304c\u53ef\u80fd\u306b\u306a\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\n<\/p>\n<h2>\u6295\u8cc7\u6a5f\u4f1a\u3068\u652f\u6301\u3059\u308b\u8ad6\u62e0<\/h2>\n<p>\n\u9577\u671f\u7684\u306a\u8996\u91ce\u3092\u6301\u3064\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u3001UNH\u306e\u73fe\u5728\u306e\u8a55\u4fa1\u306f\u6a5f\u4f1a\u3068\u306a\u308a\u5f97\u307e\u3059\u300224\u4eba\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u3046\u306115\u4eba\u304c\u3053\u306e\u682a\u3092\u300c\u5f37\u304f\u8cb7\u3044\u300d\u30017\u4eba\u304c\u300c\u4fdd\u6709\u300d\u3092\u63a8\u5968\u3059\u308b\u306a\u3069\u3001\u591a\u304f\u306e\u8abf\u67fb\u4f1a\u793e\u306f\u5f15\u304d\u7d9a\u304d\u300c\u4e2d\u7a0b\u5ea6\u306e\u8cb7\u3044\u300d\u3068\u8a55\u4fa1\u3057\u3066\u3044\u307e\u3059\u3002\u5e73\u5747\u76ee\u6a19\u682a\u4fa1\u306f1\u682a\u5f53\u305f\u308a363.52 USD\u3067\u3001\u73fe\u5728\u306e\u4fa1\u683c\u306b\u5bfe\u3057\u3066\u7d0420.9 %\u306e\u4e0a\u6607\u4f59\u5730\u3092\u793a\u3057\u3001\u6700\u3082\u697d\u89b3\u7684\u306a\u76ee\u6a19\u306f440 USD (46.3 %\u306e\u4e0a\u6607) \u306b\u9054\u3057\u307e\u3059\u3002\u307b\u3068\u3093\u3069\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u3001\u540c\u793e\u306e\u554f\u984c\u306f\u4e00\u6642\u7684\u306a\u3082\u306e\u3060\u3068\u8003\u3048\u3066\u304a\u308a\u3001\u5229\u76ca\u306f2025\u5e74\u306b\u7d0419 %\u6e1b\u5c11\u3057\u305f\u5f8c\u30012026\u5e74\u306b\u306f17 %\u56de\u5fa9\u3059\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u307e\u3059\u3002\n<\/p>\n<p>\n\u5143CEO\u306e\u30b9\u30c6\u30a3\u30fc\u30d6\u30f3\u30fb\u30d8\u30e0\u30ba\u30ea\u30fc\u306f\u73fe\u5728\u6307\u63ee\u3092\u57f7\u308a\u3001\u7d71\u5408\u30b1\u30a2\u6226\u7565\u3092\u5f37\u5316\u3057\u3001\u898f\u5f8b\u3042\u308b\u5b9f\u884c\u3001\u8fd1\u4ee3\u5316\u3001\u9769\u65b0\u3092\u901a\u3058\u3066\u6210\u9577\u3092\u56de\u5fa9\u3059\u308b\u3053\u3068\u3092\u7d04\u675f\u3057\u307e\u3057\u305f\u3002\u540c\u793e\u304c\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u3092\u7ba1\u7406\u3057\u3001<em>Medicare<\/em>\u6599\u91d1\u3092\u8abf\u6574\u3057\u3001\u904e\u5ea6\u306a\u7f70\u91d1\u306a\u3057\u306b\u898f\u5236\u8abf\u67fb\u3092\u4e57\u308a\u8d8a\u3048\u308b\u3053\u3068\u304c\u3067\u304d\u308c\u3070\u3001\u30de\u30fc\u30b8\u30f3\u3068\u5229\u76ca\u3092\u56de\u5fa9\u3067\u304d\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u3055\u3089\u306b\u3001\u5805\u5b9f\u306a\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u5275\u51fa\u3068\u5897\u914d\u653f\u7b56\u306f\u3001\u5b89\u5b9a\u3057\u305f\u53ce\u5165\u3092\u6c42\u3081\u308b\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u9b45\u529b\u7684\u3067\u3059\u3002\n<\/p>\n<h2>\u6295\u8cc7\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u5206\u6790\u3068\u30e9\u30f3\u30ad\u30f3\u30b0<\/h2>\n<p>\n\u63d0\u793a\u3055\u308c\u305f\u8981\u56e0 \u2014 \u4f4e\u8ff7\u3057\u305f\u8a55\u4fa1\u3001\u9577\u671f\u7684\u306a\u904b\u55b6\u306e\u5f37\u3055\u3001\u898f\u5236\u30ea\u30b9\u30af\u3068\u5229\u76ca\u7387\u3078\u306e\u5727\u529b \u2014 \u3092\u8003\u616e\u3057\u3001\u3055\u307e\u3056\u307e\u306a\u6295\u8cc7\u5bb6\u30d7\u30ed\u30d5\u30a3\u30fc\u30eb\u306b\u5bfe\u3057\u3066\u6b21\u306e\u3088\u3046\u306a\u9078\u629e\u80a2\u306e\u30e9\u30f3\u30ad\u30f3\u30b0\u3092\u63d0\u6848\u3057\u307e\u3059\u3002\u5206\u985e\u306f\u6700\u3082\u9b45\u529b\u7684\u306a\u30aa\u30d7\u30b7\u30e7\u30f3 (1) \u304b\u3089\u6700\u3082\u63a8\u5968\u3055\u308c\u306a\u3044\u3082\u306e (5) \u307e\u3067\u3068\u306a\u308a\u307e\u3059\u3002\n<\/p>\n<table>\n<thead>\n<tr>\n<th>\u30aa\u30d7\u30b7\u30e7\u30f3<\/th>\n<th>\u9806\u4f4d<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>\u4fdd\u6709\u3057\u3066\u3044\u306a\u3044\u5834\u5408\u3001\u8cfc\u5165\u3059\u308b<\/strong><\/td>\n<td>1<\/td>\n<\/tr>\n<tr>\n<td><strong>\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u3055\u3089\u306b\u8cfc\u5165\u3059\u308b<\/strong><\/td>\n<td>2<\/td>\n<\/tr>\n<tr>\n<td><strong>\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u7121\u8996\u3059\u308b (\u4fdd\u6709) <\/strong><\/td>\n<td>3<\/td>\n<\/tr>\n<tr>\n<td><strong>\u4fdd\u6709\u3057\u3066\u3044\u306a\u3044\u5834\u5408\u3001\u7121\u8996\u3059\u308b<\/strong><\/td>\n<td>4<\/td>\n<\/tr>\n<tr>\n<td><strong>\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u58f2\u5374\u3059\u308b<\/strong><\/td>\n<td>5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\n<strong>\u30e9\u30f3\u30ad\u30f3\u30b0\u306e\u6839\u62e0: <\/strong>\u307e\u3060UNH\u3092\u4fdd\u6709\u3057\u3066\u3044\u306a\u3044\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u3001\u7d0450 %\u306e\u4e0b\u843d\u3068\u904e\u53bb\u5e73\u5747\u306b\u6bd4\u3079\u3066\u4f4e\u3044P\/E\u6bd4\u306f\u3001\u5909\u52d5\u6027\u3092\u53d7\u3051\u5165\u308c\u9577\u671f\u7684\u306a\u8996\u91ce\u3092\u6301\u3064\u306a\u3089\u3070\u3001\u9b45\u529b\u7684\u306a\u53c2\u5165\u6a5f\u4f1a\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u3059\u3067\u306b\u682a\u3092\u6301\u3063\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u5f37\u5316\u3059\u308b (\u8ffd\u52a0\u8cfc\u5165\u3059\u308b) \u304b\u305d\u306e\u307e\u307e\u4fdd\u6709\u3059\u308b\u3053\u3068\u304c\u5408\u7406\u7684\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u540c\u793e\u304c\u904b\u55b6\u4e0a\u304a\u3088\u3073\u898f\u5236\u4e0a\u306e\u554f\u984c\u3092\u89e3\u6c7a\u3057\u3001\u696d\u754c\u304c\u7d71\u5408\u30b1\u30a2\u30e2\u30c7\u30eb\u3078\u79fb\u884c\u3057\u7d9a\u3051\u308b\u3068\u4fe1\u3058\u308b\u306a\u3089\u3070\u3002\u3057\u304b\u3057\u3001\u975e\u5e38\u306b\u30ea\u30b9\u30af\u3092\u5acc\u3046\u6295\u8cc7\u5bb6\u3084\u77ed\u671f\u7684\u306a\u8996\u91ce\u3092\u6301\u3064\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u898f\u5236\u306e\u4e0d\u78ba\u5b9f\u6027\u3084\u5229\u76ca\u7387\u304c\u3055\u3089\u306b\u4f4e\u4e0b\u3059\u308b\u53ef\u80fd\u6027\u304b\u3089\u3001\u65b0\u305f\u306a\u6295\u8cc7\u3092\u958b\u59cb\u3057\u306a\u3044\u3001\u3042\u308b\u3044\u306f\u65e2\u5b58\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u624b\u653e\u3059\u3053\u3068\u304c\u6b63\u5f53\u5316\u3055\u308c\u307e\u3059\u3002\n<\/p>\n<h2>\u7d50\u8ad6<\/h2>\n<p>\nUnitedHealth Group\u306f\u6570\u5341\u5e74\u3067\u6700\u3082\u56f0\u96e3\u306a\u5c40\u9762\u306b\u76f4\u9762\u3057\u3066\u3044\u307e\u3059\u3002\u533b\u7642\u8cbb\u306e\u5897\u52a0\u3001<em>Medicare<\/em>\u306b\u304a\u3051\u308b\u898f\u5236\u5909\u66f4\u3001\u653f\u5e9c\u306e\u8abf\u67fb\u3001\u305d\u3057\u3066<em>Medicare Advantage<\/em>\u30d7\u30ed\u30b0\u30e9\u30e0\u306e\u7ba1\u7406\u306b\u304a\u3051\u308b\u30df\u30b9\u306e\u7d44\u307f\u5408\u308f\u305b\u304c\u682a\u4fa1\u3092\u62bc\u3057\u4e0b\u3052\u3001\u6295\u8cc7\u5bb6\u306e\u4fe1\u983c\u3092\u640d\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u305d\u308c\u3067\u3082\u3001\u57fa\u790e\u7684\u306a\u8981\u7d20\u306f\u5805\u8abf\u3067\u3059\u3002\u540c\u793e\u306f\u4e0d\u53ef\u6b20\u306a\u5206\u91ce\u306e\u30ea\u30fc\u30c0\u30fc\u3067\u3042\u308a\u3001\u591a\u984d\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u751f\u307f\u51fa\u3057\u3001\u7af6\u4e89\u529b\u306e\u3042\u308b\u914d\u5f53\u5229\u56de\u308a\u3092\u7dad\u6301\u3057\u3001\u6b74\u53f2\u7684\u306b\u4f4e\u3044\u500d\u7387\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u65b0\u3057\u3044<em>Medicare<\/em>\u6599\u91d1\u3092\u3046\u307e\u304f\u4ea4\u6e09\u3057\u3001\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u3092\u7ba1\u7406\u3057\u3001\u6cd5\u7684\u306a\u554f\u984c\u3092\u89e3\u6c7a\u3067\u304d\u308c\u3070\u3001\u305d\u306e\u4fa1\u5024\u306e\u56de\u5fa9\u306f\u9855\u8457\u306a\u3082\u306e\u3068\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e\u4e8c\u9762\u6027\u306b\u3088\u308a\u3001UNH\u306f\u9ad8\u30ea\u30b9\u30af\u3060\u304c\u9ad8\u30ea\u30bf\u30fc\u30f3\u306e\u53ef\u80fd\u6027\u3092\u79d8\u3081\u305f\u8ced\u3051\u3068\u306a\u308a\u307e\u3059\u3002\n<\/p>\n<h2>\u53c2\u8003\u6587\u732e<\/h2>\n<ol>\n<li>MedCity News. (2025\u5e746\u67081\u65e5). <em>UnitedHealth\u2019s wild ride in 2025: Is the insurer\u2019s vertical integration strategy backfiring?<\/em> \u53d6\u5f97\u5143 <a href=\"https:\/\/medcitynews.com\/2025\/06\/united-health-group-year-challenge\/#:~:text=It%20goes%20without%20saying%20that,Opens%20in%20a%20new%20window\" target=\"_blank\">https:\/\/medcitynews.com\/2025\/06\/united-health-group-year-challenge\/<\/a><\/li>\n<li>UnitedHealth Group. (2025\u5e744\u670817\u65e5). <em>UnitedHealth Group reports first quarter 2025 results<\/em>. \u53d6\u5f97\u5143 <a href=\"https:\/\/www.unitedhealthgroup.com\/content\/dam\/UHG\/PDF\/investors\/2025\/UNH-Reports-Q1-2025-Results-Revises-Full-Year-Guidance.pdf\" target=\"_blank\">https:\/\/www.unitedhealthgroup.com\/content\/dam\/UHG\/PDF\/investors\/2025\/UNH-Reports-Q1-2025-Results-Revises-Full-Year-Guidance.pdf<\/a><\/li>\n<li>Star Tribune. (2025\u5e747\u670825\u65e5). <em>Federal heat on UnitedHealth sends shares tumbling as criminal probes expand<\/em>. \u53d6\u5f97\u5143 <a href=\"https:\/\/www.startribune.com\/dojs-unitedhealth-investigation-likely-biggest-medicare-advantage-fraud-probe-yet\/601442980\" target=\"_blank\">https:\/\/www.startribune.com\/dojs-unitedhealth-investigation-likely-biggest-medicare-advantage-fraud-probe-yet\/601442980<\/a><\/li>\n<li>Department of Justice. (2024\u5e7411\u670812\u65e5). <em>Justice Department and States sue to block UnitedHealth Group\u2019s acquisition of Amedisys<\/em>. \u53d6\u5f97\u5143 <a href=\"https:\/\/www.justice.gov\/archives\/opa\/pr\/justice-department-sues-block-unitedhealth-groups-acquisition-home-health-and-hospice\" target=\"_blank\">https:\/\/www.justice.gov\/archives\/opa\/pr\/justice-department-sues-block-unitedhealth-groups-acquisition-home-health-and-hospice<\/a><\/li>\n<li>UnitedHealth Group. (2025\u5e741\u670816\u65e5). <em>UnitedHealth Group reports fourth quarter and full year 2024 results<\/em>. \u53d6\u5f97\u5143 <a href=\"http:\/\/www.unitedhealthgroup.com\/content\/dam\/UHG\/PDF\/investors\/2024\/2025-16-01-uhg-reports-fourth-quarter-results.pdf\" target=\"_blank\">www.unitedhealthgroup.com\/content\/dam\/UHG\/PDF\/investors\/2024\/2025-16-01-uhg-reports-fourth-quarter-results.pdf<\/a><\/li>\n<li>GuruFocus. (2025\u5e747\u670827\u65e5). <em>UnitedHealth Group dividend yield and growth rates<\/em>. \u53d6\u5f97\u5143 <a href=\"https:\/\/www.gurufocus.com\/term\/yield\/UNH\" target=\"_blank\">https:\/\/www.gurufocus.com\/term\/yield\/UNH<\/a><\/li>\n<li>CompaniesMarketCap. (2025\u5e747\u670827\u65e5). <em>UnitedHealth Group market cap and P\/E ratio<\/em>. \u53d6\u5f97\u5143 <a href=\"https:\/\/companiesmarketcap.com\/united-health\/pe-ratio\" target=\"_blank\">https:\/\/companiesmarketcap.com\/united-health\/pe-ratio<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>UnitedHealth (UNH): \u6025\u843d\u5f8c\u306e\u6295\u8cc7\u6a5f\u4f1a\u304b\u3001\u4fa1\u5024\u306e\u7f60\u304b\uff1f \u5e8f\u8ad6: UnitedHealth\u306e\u5909\u52d5\u6027\u3068\u6a5f\u4f1a\u306e\u6a21\u7d22 2025\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u3001UnitedHealth Group (UNH) \u306e\u682a\u306f\u9632\u5fa1\u7684\u306a\u907f\u96e3\u5148\u3067\u306f\u306a\u304f\u306a\u308a\u3001S&amp;P&nbsp;500\u6307\u6570\u306e\u4e2d\u3067\u6700\u3082\u5909\u52d5\u6027\u306e\u9ad8\u3044\u8cc7\u7523\u306e\u4e00\u3064\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u30d8\u30eb\u30b9\u30b1\u30a2\u306e\u5de8\u4eba\u306e\u682a\u4fa1\u306f2024\u5e74\u306e\u6700\u9ad8\u5024\u304b\u3089\u7d0450 %\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u56db\u534a\u671f\u6c7a\u7b97\u306e\u5931\u671b\u3001\u5c06\u6765\u4e88\u60f3\u306e\u4e0b\u65b9\u4fee\u6b63\u3001Medicare Advantage\u4e8b\u696d\u306e\u554f\u984c\u3001\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\u306e\u8f9e\u4efb\u3001\u898f\u5236\u76e3\u8996\u306e\u5f37\u5316\u304c\u91cd\u306a\u3063\u305f\u305f\u3081\u3067\u3059\u30022025\u5e747\u670821\u65e5\u306e\u7d42\u5024\u3067\u306f\u3001\u682a\u4fa1\u306f1\u682a\u3042\u305f\u308a282.14 USD\u3001\u5e02\u5834\u4fa1\u5024\u306f\u7d042,559\u5104\u30c9\u30eb\u3067\u3001\u904e\u53bb12\u304b\u6708\u3067\u7d0449 %\u4e0b\u843d\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u5b89\u304f\u8cb7\u3046\u30c1\u30e3\u30f3\u30b9\u306a\u306e\u304b\u3001\u305d\u308c\u3068\u3082\u907f\u3051\u308b\u3079\u304d\u4fa1\u5024\u306e\u7f60\u306a\u306e\u304b\uff1f\u672c\u5206\u6790\u3067\u306f\u3001\u6700\u8fd1\u306e\u51fa\u6765\u4e8b\u3001\u4f1a\u793e\u306e\u8ca1\u52d9\u57fa\u76e4\u3001\u4eca\u5f8c\u306e\u30ea\u30b9\u30af\u3092\u6df1\u304f\u6398\u308a\u4e0b\u3052\u3001\u60c5\u5831\u306b\u57fa\u3065\u3044\u305f\u5224\u65ad\u3092\u884c\u3044\u307e\u3059\u3002 \u6700\u8fd1\u306e\u80cc\u666f: \u671f\u5f85\u5916\u308c\u306e\u696d\u7e3e\u3001\u30ea\u30fc\u30c0\u30fc\u4ea4\u4ee3\u3068\u898f\u5236\u5727\u529b UNH\u306e\u6025\u843d\u306f2025\u5e744\u6708\u3001\u540c\u793e\u304c\u7b2c1\u56db\u534a\u671f\u306e\u4e88\u60f3\u3092\u4e0b\u56de\u308b\u6c7a\u7b97\u3092\u767a\u8868\u3057\u30012025\u5e74\u306e1\u682a\u5f53\u305f\u308a\u5229\u76ca (BPA) \u306e\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u5927\u5e45\u306b\u4e0b\u65b9\u4fee\u6b63\u3057\u305f\u3068\u304d\u306b\u59cb\u307e\u308a\u307e\u3057\u305f\u3002\u58f2\u4e0a\u9ad8\u306f1,096\u5104\u30c9\u30eb\u3067\u3001\u524d\u5e74\u540c\u671f\u6bd498\u5104\u30c9\u30eb\u306e\u5897\u52a0\u3067\u3057\u305f\u304c\u3001\u8abf\u6574\u5f8c\u306e1\u682a\u5f53\u305f\u308a\u5229\u76ca\u306f7.20 USD\u3068\u4e88\u60f3\u3092\u4e0b\u56de\u308a\u3001\u4f1a\u793e\u306f2025\u5e74\u306e\u8abf\u6574\u5f8cBPA\u4e88\u60f3\u309229.50\u201130 USD\u304b\u308926\u201126.50 USD\u306b\u5f15\u304d\u4e0b\u3052\u307e\u3057\u305f\u3002Medicare Advantage\u30d7\u30e9\u30f3\u306b\u304a\u3051\u308b\u533b\u7642\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u306e\u4e88\u60f3\u5916\u306e\u5897\u52a0\u3068Optum Health\u306b\u304a\u3051\u308b\u52a0\u5165\u8005\u69cb\u6210\u306e\u5909\u5316\u304c\u5727\u529b\u306e\u4e3b\u306a\u8981\u56e0\u3068\u3057\u3066\u6307\u6458\u3055\u308c\u307e\u3057\u305f\u3002 \u6570\u304b\u6708\u5f8c\u3001\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\u306e\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u30fb\u30a6\u30a3\u30c3\u30c6\u30a3\u304c\u8f9e\u4efb\u3092\u8868\u660e\u3057\u3001\u53d6\u7de0\u5f79\u4f1a\u306f\u5143CEO\u306e\u30b9\u30c6\u30a3\u30fc\u30d6\u30f3\u30fb\u30d8\u30e0\u30ba\u30ea\u30fc\u3092\u66ab\u5b9a\u7684\u306b\u4f1a\u793e\u306e\u6307\u63ee\u306b\u4efb\u547d\u3057\u307e\u3057\u305f\u3002\u3053\u306e\u30c8\u30c3\u30d7\u4eba\u4e8b\u306e\u8ee2\u63db\u306f\u4e0d\u78ba\u5b9f\u6027\u3092\u3055\u3089\u306b\u9ad8\u3081\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u3001\u53f8\u6cd5\u7701 (DOJ) \u304cMedicare Advantage\u30d7\u30e9\u30f3\u306e\u30b3\u30fc\u30c7\u30a3\u30f3\u30b0\u3068\u8acb\u6c42\u6163\u884c\u306b\u3064\u3044\u3066\u6c11\u4e8b\u304a\u3088\u3073\u5211\u4e8b\u306e\u8abf\u67fb\u3092\u884c\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u5642\u3068\u4e00\u81f4\u3057\u305f\u304b\u3089\u3067\u3059\u3002\u898f\u5236\u5f53\u5c40\u306f\u3001\u540c\u793e\u304c\u653f\u5e9c\u304b\u3089\u306e\u652f\u6255\u3044\u3092\u5897\u3084\u3059\u305f\u3081\u306b\u52a0\u5165\u8005\u306e\u8a3a\u65ad\u3092\u4eba\u70ba\u7684\u306b\u81a8\u3089\u307e\u305b\u305f\u304b\u3069\u3046\u304b\u3092\u8abf\u3079\u3066\u304a\u308a\u3001\u3053\u308c\u304c\u91cd\u5927\u306a\u5236\u88c1\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u308c\u306b\u52a0\u3048\u3066\u3001DOJ\u306fUnitedHealth\u306e\u5782\u76f4\u7d71\u5408\u304c\u7af6\u4e89\u3068\u60a3\u8005\u3092\u8105\u304b\u3059\u3068\u4e3b\u5f35\u3057\u3001Amedisys\u306e\u8cb7\u53ce\u3092\u963b\u6b62\u3059\u308b\u305f\u3081\u306e\u72ec\u7981\u8a34\u8a1f\u3092\u8d77\u3053\u3057\u307e\u3057\u305f\u3002 Medicare\u306e\u65b0\u3057\u3044\u652f\u6255\u3044\u898f\u5247 (\u30d0\u30fc\u30b8\u30e7\u30f3V28) \u3082\u696d\u754c\u306b\u6253\u6483\u3092\u4e0e\u3048\u307e\u3057\u305f\u3002\u3053\u308c\u3089\u306e\u898f\u5247\u306f\u30ea\u30b9\u30af\u8a08\u7b97\u3092\u53b3\u683c\u5316\u3057\u3001\u511f\u9084\u3092\u6e1b\u3089\u3057\u3001Medicare Advantage\u4e8b\u696d\u306e\u5229\u76ca\u7387\u3092\u60aa\u5316\u3055\u305b\u307e\u3057\u305f\u3002\u4f1a\u793e\u306f\u3001\u52a0\u5165\u8005\u306b\u3088\u308b\u30b5\u30fc\u30d3\u30b9\u5229\u7528\u306e\u5897\u52a0\u3068\u898f\u5236\u306e\u66f4\u65b0\u304c\u533b\u7642\u8cbb\u7387\u306b\u5727\u529b\u3092\u304b\u3051\u3001\u5229\u76ca\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u4e0b\u3052\u3056\u308b\u3092\u5f97\u306a\u304b\u3063\u305f\u3068\u8a8d\u3081\u307e\u3057\u305f\u3002 UnitedHealth\u306e\u8ca1\u52d9\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u57fa\u790e UnitedHealth\u306f\u591a\u89d2\u7684\u306a\u30b3\u30f3\u30b0\u30ed\u30de\u30ea\u30c3\u30c8\u3067\u3042\u308a\u3001\u4fdd\u967a\u30d7\u30e9\u30f3\u3092\u63d0\u4f9b\u3059\u308bUnitedHealthcare\u3068\u3001\u533b\u7642\u30b5\u30fc\u30d3\u30b9\u30fb\u85ac\u5c40\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3092\u63d0\u4f9b\u3059\u308bOptum\u306e2\u3064\u306e\u67f1\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u306e\u898f\u6a21\u306f\u4ed6\u306e\u4fdd\u967a\u4f1a\u793e\u306b\u5bfe\u3057\u3066\u7af6\u4e89\u4e0a\u306e\u512a\u4f4d\u6027\u3092\u4e0e\u3048\u307e\u3059\u304c\u3001\u305d\u306e\u4e8b\u696d\u306f\u516c\u7684\u8cc7\u91d1\u306b\u5927\u304d\u304f\u4f9d\u5b58\u3057\u3066\u3044\u307e\u3059\u30022024\u5e74\u3001\u540c\u793e\u306f4,003\u5104\u30c9\u30eb\u306e\u58f2\u4e0a\u3092\u8a08\u4e0a\u3057\u30012023\u5e74\u6bd4\u30678 %\u5897\u52a0\u3001\u55b6\u696d\u5229\u76ca\u306f323\u5104\u30c9\u30eb\u3067\u3057\u305f\u3002UnitedHealthcare\u90e8\u9580\u306f2,982\u5104\u30c9\u30eb\u306e\u53ce\u76ca\u3068156\u5104\u30c9\u30eb\u306e\u55b6\u696d\u5229\u76ca\u3092\u3082\u305f\u3089\u3057\u3001\u30b5\u30fc\u30d3\u30b9\u90e8\u9580Optum\u306f2,53 \u5146\u30c9\u30eb\u306e\u58f2\u4e0a\u3068167\u5104\u30c9\u30eb\u306e\u5229\u76ca\u3092\u751f\u307f\u51fa\u3057\u307e\u3057\u305f\u3002 2025\u5e74\u7b2c1\u56db\u534a\u671f (1T25) \u3067\u306f\u58f2\u4e0a\u9ad8\u304c1,096\u5104\u30c9\u30eb\u306b\u9054\u3057\u307e\u3057\u305f\u304c\u3001\u533b\u7642\u8cbb\u7387\u306f84.8 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\u3092\u751f\u307f\u51fa\u3057\u3001160\u5104\u30c9\u30eb\u8d85\u3092\u914d\u5f53\u3068\u81ea\u793e\u682a\u8cb7\u3044\u3068\u3057\u3066\u5206\u914d\u3057\u307e\u3057\u305f\u30021T25\u3067\u306f\u914d\u5f53\u3068\u81ea\u793e\u682a\u8cb7\u3044\u3092\u901a\u3058\u3066\u7d0450\u5104\u30c9\u30eb\u3092\u682a\u4e3b\u306b\u9084\u5143\u3057\u307e\u3057\u305f\u3002 \u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306e\u89b3\u70b9\u304b\u3089\u3001\u682a\u4fa1\u306f\u904e\u53bb12\u304b\u6708\u306e\u5229\u76ca\u306b\u5bfe\u3057\u3066\u7d0411.7\u500d\u306e\u4fa1\u683c\u53ce\u76ca\u6bd4\u7387 (P\/E) \u3067\u53d6\u5f15\u3055\u308c\u3066\u304a\u308a\u3001\u904e\u53bb5\u5e74\u9593\u306e\u5e73\u5747 (\u7d0425\u500d) \u3084Cigna\u3001Humana\u3068\u3044\u3063\u305f\u30e9\u30a4\u30d0\u30eb\u3088\u308a\u3082\u304b\u306a\u308a\u4f4e\u3044\u6c34\u6e96\u3067\u3059\u3002\u30d0\u30fc\u30f3\u30b9\u30bf\u30a4\u30f3\u793e\u306f\u3001UNH\u306e\u5148\u884cP\/E\u304c\u7d0413.95\u500d\u3067\u3042\u308a\u3001\u6b74\u53f2\u7684\u5e73\u5747\u306b\u5bfe\u3057\u3066\u7d0440 %\u306e\u5272\u5f15\u306b\u76f8\u5f53\u3059\u308b\u3068\u63a8\u5b9a\u3057\u3066\u3044\u307e\u3059\u300212\u304b\u6708\u306e\u914d\u5f53\u5229\u56de\u308a\u306f\u7d043 %\u3067\u30012025\u5e74\u7b2c1\u56db\u534a\u671f\u306e\u914d\u5f53\u6027\u5411\u306f29 %\u3067\u3042\u308a\u3001\u914d\u5f53\u3092\u5897\u3084\u3059\u4f59\u529b\u304c\u3042\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002 \u898f\u5236\u30ea\u30b9\u30af\u3068\u904b\u55b6\u4e0a\u306e\u8ab2\u984c \u4eca\u65e5\u306eUnitedHealth\u306b\u3068\u3063\u3066\u4e3b\u306a\u30ea\u30b9\u30af\u306f\u8ca1\u52d9\u3067\u306f\u306a\u304f\u898f\u5236\u3067\u3059\u3002Medicare Advantage\u306b\u304a\u3051\u308b\u8a50\u6b3a\u7591\u60d1\u306b\u5bfe\u3059\u308bDOJ\u306e\u8abf\u67fb\u306f\u3001\u91cd\u5927\u306a\u5236\u88c1\u3001\u511f\u9084\u30e2\u30c7\u30eb\u306e\u5909\u66f4\u3001\u3055\u3089\u306b\u306f\u5782\u76f4\u7d71\u5408\u30e2\u30c7\u30eb\u3078\u306e\u5236\u9650\u3092\u3082\u305f\u3089\u3059\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3055\u3089\u306b\u3001\u53f8\u6cd5\u7701\u306fUnitedHealth\u304c\u8cb7\u53ce\u306b\u3088\u3063\u3066\u62e1\u5927\u3059\u308b\u3053\u3068\u306b\u3059\u3067\u306b\u53cd\u5bfe\u3092\u793a\u3057\u3066\u304a\u308a\u3001Amedisys\u306e\u8cb7\u53ce\u304c\u5728\u5b85\u533b\u7642\u5e02\u5834\u3092\u3055\u3089\u306b\u7d71\u5408\u3059\u308b\u3068\u4e3b\u5f35\u3057\u3066\u3044\u307e\u3059\u3002 \u904b\u55b6\u9762\u3067\u306f\u3001Medicare Advantage\u4e8b\u696d\u306e\u6025\u6210\u9577\u306f\u8af8\u5203\u306e\u5263\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u3042\u308b\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306e\u5831\u544a\u306b\u3088\u308b\u3068\u3001\u7b2c2\u56db\u534a\u671f\u306e\u682a\u4fa1\u6025\u843d\u306e\u8981\u56e0\u306f2\u3064\u3042\u308a\u307e\u3059\u3002 (1) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[97],"tags":[],"class_list":["post-1423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria-ja"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UnitedHealth (UNH) : \u6025\u843d\u5f8c\u306e\u6295\u8cc7\u6a5f\u4f1a\u304b\u3001\u4fa1\u5024\u306e\u7f60\u304b\uff1f - Investor Insight<\/title>\n<meta name=\"description\" content=\"UnitedHealth (UNH) 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