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UnitedHealth drops after elimination of 30% prior-authorization barriers

UnitedHealth Group fell about 1.1% to $396.31 as investors weighed a plan to eliminate 30% of prior-authorization requirements for most commercial business starting October 1.

UNH

UnitedHealth Group NYSE:UNH, the health-insurance and services giant, dropped approximately 1.1% to $396.31 Friday as investors sized up a major bet on less healthcare bureaucracy.

Starting October 1, UnitedHealthcare will eliminate 30% of its prior-authorization requirements across most commercial…