{"id":27053,"date":"2017-04-18T12:27:56","date_gmt":"2017-04-18T12:27:56","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=27053"},"modified":"2017-04-18T12:27:56","modified_gmt":"2017-04-18T12:27:56","slug":"insurer-united-health-posts-strong-results-boosts-forecast","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/insurer-united-health-posts-strong-results-boosts-forecast.html","title":{"rendered":"Insurer United Health posts strong results, boosts forecast"},"content":{"rendered":"<h2 style=\"text-align: justify;\">\n\t<span style=\"font-size:22px;\"><span style=\"font-family: arial,helvetica,sans-serif;\"><strong>Insurer UnitedHealth posts strong results, boosts forecast<\/strong><\/span><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">UnitedHealth Group Inc (UNH.N), the largest U.S. health insurer, reported better-than-expected quarterly results, driven by strength<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">across its businesses, and raised its profit and revenue forecast for the year.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">The company&#39;s shares were up 2.2 percent in premarket trading on Tuesday.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">UnitedHealth, which has pulled out of nearly all Obamacare individual markets, is the first health insurer to report results after<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Republican leaders yanked a legislation last month to overhaul the U.S. healthcare system.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">The failure to repeal Obamacare, at least for now, means it remains a federal law. President Donald Trump and Republicans have<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">promised to repeal and replace the law.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">UnitedHealth, which sells employer-based insurance as well as Medicare and Medicaid, said net earnings attributable to shareholders<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">rose to $2.17 billion, or $2.23 per share, in the first quarter ended March 31, from $1.61 billion, or $1.67 per share, a year earlier.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Excluding items, the company earned $2.37 per share, beating the average analyst estimate of $2.17, according to Thomson Reuters<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Revenue rose 9.4 percent to $48.73 billion, above the average estimate of $48.35 billion.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Revenue from the company&#39;s Optum business, which manages drug benefits and offers healthcare data analytics services, rose 7.9<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">percent to $21.2 billion in the first quarter.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">The company said it served 2.5 million more people year-over-year across its insurance plans, partially offset by a reduction of<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">900,000 people served through individual products as the company withdrew from almost all Obamacare markets.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">UnitedHealth Group Inc (UNH.N), the largest U.S. health insurer, reported better-than-expected quarterly results, driven by strength<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">across its businesses, and raised its profit and revenue forecast for the year.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">The company&#39;s shares were up 2.2 percent in premarket trading on Tuesday.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">UnitedHealth, which has pulled out of nearly all Obamacare individual markets, is the first health insurer to report results after<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Republican leaders yanked a legislation last month to overhaul the U.S. healthcare system.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">The failure to repeal Obamacare, at least for now, means it remains a federal law. President Donald Trump and Republicans have<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">promised to repeal and replace the law.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">UnitedHealth, which sells employer-based insurance as well as Medicare and Medicaid, said net earnings attributable to shareholders<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">rose to $2.17 billion, or $2.23 per share, in the first quarter ended March 31, from $1.61 billion, or $1.67 per share, a year earlier.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Excluding items, the company earned $2.37 per share, beating the average analyst estimate of $2.17, according to Thomson Reuters<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">I\/B\/E\/S.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Revenue rose 9.4 percent to $48.73 billion, above the average estimate of $48.35 billion.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Revenue from the company&#39;s Optum business, which manages drug benefits and offers healthcare data analytics services, rose 7.9<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">percent to $21.2 billion in the first quarter.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">The company said it served 2.5 million more people year-over-year across its insurance plans, partially offset by a reduction of<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">900,000 people served through individual products as the company withdrew from almost all Obamacare markets.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:8px;\"><span style=\"font-family: arial,helvetica,sans-serif;\">Source:-<\/span>http:\/\/www.reuters.com\/article\/us-unitedhealth-results-idUSKBN17K10H<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/insurer-united-health-posts-strong-results-boosts-forecast.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Insurer UnitedHealth posts strong results, boosts forecast UnitedHealth Group Inc (UNH.N), the largest U.S. health insurer, reported better-than-expected quarterly results, driven by strength across its businesses, and raised its profit and revenue forecast for the year. The company&#39;s shares were up 2.2 percent in premarket trading on Tuesday. UnitedHealth, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[17051,699,146,17050,3242,17052,7963],"class_list":["post-27053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-best-news","tag-breaking-news","tag-business-news","tag-insurer-united-health-posts-strong-results","tag-latest-news","tag-live-news-online","tag-top-news"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/27053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=27053"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/27053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/27061"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=27053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=27053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=27053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}