UnitedHealth Group’s first-quarter net income slid 8 percent as funding cuts to a key product and costs imposed by the health care overhaul dented the health insurer’s performance. The Minnetonka company said the overhaul and government budget cuts added about 35 cents per share in costs during the quarter.
UnitedHealth Group’s fourth-quarter earnings jumped 15 percent to edge above expectations, as the nation’s largest health insurer added millions of customers and booked a sizeable gain from a business that doesn’t sell insurance.
The leader of Minnesota’s health insurance exchange said Wednesday that some portion of its customers won’t be able to nail down coverage ahead of a March 31 federal deadline by using its troubled website, and will need to do so by filing a paper application.
UnitedHealth Group Inc.’s third-quarter earnings inched up 1 percent in a rare performance that failed to trump Wall Street expectations. The nation’s largest health insurer also gave a less-than-reassuring vibe to investors by narrowing its 2013 forecast instead of raising it.
With just four months to go before Minnesota’s new health insurance exchange goes live, it remains to be seen how many choices consumers will get. The names of companies that will offer competing plans via MNsure have not been announced.
The NFL has agreed to pay $42 million as part of a settlement with a group of retired players who challenged the league over using their names and images without their permission.
Minnesota United FC is the new name of the state’s professional soccer team.
Starting on Veteran’s Day, an American retailer says it will hire more than 100,000 returning veterans in the next five years.
UnitedHealth Group’s third-quarter net income jumped 23 percent to trump expectations, as preparations for retiring Baby Boomers started to pay off for the nation’s largest health insurer. UnitedHealth also raised its 2012 earnings forecast.
UnitedHealth Group Inc. will spend about $4.9 billion in cash to buy a majority stake in Brazilian health benefits and hospital services provider, as the largest U.S. health insurer takes a big leap toward international growth.
Health insurer UnitedHealth Group says it is raising its quarterly dividend by 30 percent.
UnitedHealth Group Inc.’s first-quarter net income rose 3 percent as enrollment and revenue gains countered an increase in operating costs, and the health insurer raised its 2012 earnings forecast.
UnitedHealth Group’s Optum business is becoming the latest company to launch a service so doctors can share information about patients over the Internet.
UnitedHealth Group Inc.’s fourth-quarter net income jumped 21 percent, but the insurer saw signs of health care use picking up and left its 2012 earnings forecast unchanged.
Standard & Poor’s Ratings Services on Wednesday raised its credit outlook on health insurer UnitedHealth Group Inc. to “positive” from “stable,” saying the company’s financial position has improved compared with its competitors’.