Minnesota’s UnitedHealth Group begins offering employee buyouts

EDEN PRAIRIE, MINN. – UnitedHealth Group is starting to offer buyouts to several workers with an expectation of layoffs.

The Eden Prairie-based healthcare giant calls the action a voluntary resignation separation program. For those who take the buyout, additional severance would be included based on their tenure with UnitedHealth Group.

The company faces pressure due to rising medical costs, and there are questions about whether the health insurance industry needs reform to address patient concerns over denials of health insurance coverage.