UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
UnitedHealth Group has reported quarterly profits of $5.5 billion after tax in its first earnings release since the killing of UnitedHealthcare CEO Brian Thompson in New York City, which sparked a wider debate about the cost of health insurance and medication for the American public.
UnitedHealth posted a better-than-expected fourth-quarter profit, but a nagging rise in medical costs and care utilization surprised Wall Street.
UnitedHealth Group (NYSE:UNH) reported Q4 2024 results on Thursday, indicating a rare quarterly revenue miss while its earnings exceeded expectations despite rising medical expenses. The Minnetonka, Minnesota-based company,
Christopher Snowbeck at the Star Tribune is reporting UnitedHealth Group will appeal an order to pay $165 million in penalties and restitution after a judge found a business acquired by the Eden Prairie-based insurer more than five years ago used deceptive practices to sell benefits that supplement traditional health insurance in Massachusetts.
UnitedHealth Group Inc. on Thursday posted higher earnings for the fourth quarter of 2024, but revenue fell short of Wall Street targets.
(Reuters) - UnitedHealth Group reported a fourth-quarter profit on Thursday that beat analysts' estimates.
Analysts expect the Minnetonka, Minnesota-based company to report quarterly earnings at $6.75 per share, up from $6.16 per share in the year-ago period. UnitedHealth projects to report revenue of $101.72 billion for the recent quarter, compared to $94.43 billion a year earlier, according to data from Benzinga Pro.
UnitedHealth's quarterly medical cost ratio — the percentage of premiums spent on medical care — stood at 87.6%, compared with estimates of 85.95%, according to data compiled by LSEG. Companies typically aim for a ratio close to around 80%.