Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > Economy & Markets > Fixed Income

Membership Growth Helps UnitedHealth Profits

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, April 15, 2004, 5:33 p.m. EDT – Strong membership growth helped first-quarter profits at UnitedHealth Group Inc., Minnetonka, Minn.[@@]

The managed care company is reporting $554 million in net income for the quarter on $8.1 billion in revenue, up from $403 million in net income on $7 billion in revenue for the first quarter of 2003.

The company ended the quarter providing or administering health coverage for 20.2 million people, up from 18.7 million people a year earlier.

The company brought in an average of $489 in commercial premium revenue per insured commercial member, up 13% from the average for the first quarter of 2003.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.