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Congressman Murphy notes UnitedHealthcare under investigation for revenue match fraud allegations as insurance companies hit trillion dollar revenue

North Carolina Congressman Greg Murphy says in House floor remarks that insurance companies alone made more than one point one trillion dollars in revenue and used the example of UnitedHealthcare, the largest insurance company by over four hundred billion dollars in 2024 revenue with over twenty seven hundred subsidiaries owning doctor's offices, home health agencies, pharmacies, surgery centers and a large bank, to illustrate how the ridiculously insane profits of Centene, Cigna, CVS, Humana and United over the last two years are matched by a company mired in allegations of fraud and abuse playing the system for its own profit.
North Carolina Congressman Greg Murphy says in House floor remarks that insurance companies alone made more than one point one trillion dollars in revenue and used the example of UnitedHealthcare, the largest insurance company by over four hundred billion dollars in 2024 revenue with over twenty seven hundred subsidiaries owning doctor's offices, home health agencies, pharmacies, surgery centers and a large bank, to illustrate how the ridiculously insane profits of Centene, Cigna, CVS, Humana and United over the last two years are matched by a company mired in allegations of fraud and abuse playing the system for its own profit.
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Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute. Contact your local office for all commercial or promotional uses.
Credit:
FedNet / Getty Images
Editorial #:
2270113306
Collection:
FedNet
Date created:
March 24, 2026
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License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:01:16:14
Location:
Washington, DC, United States
Mastered to:
MPEG-4 8-bit H.264 HD 1280x720 59.94p
Source:
FedNet
Object name:
hfl032426a