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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 16, 2008 at 11:47 AM
A large managed care company has become the latest financial services company to announce that it turned a profit during the third quarter.
UnitedHealth Group Inc., Minnetonka, Minn., moved up its earnings release to today, from Oct. 21.
Here is a summary of the release:
3 Q 2008 Results
NET INCOME: $920 million
INVESTMENT AND OTHER INCOME: $143 million
REVENUE: $20 billion
MEDICAL MEMBERS: 33 million
3 Q 2007 Results
NET INCOME: $1.3 billion
INVESTMENT AND OTHER INCOME: $302 million
REVENUE: $19 billion
MEDICAL MEMBERS: 31 million
- Health care services operating earnings fell to $1.3 billion, from $1.8 billion.
- Reductions in commercial health plan profit margins and the percentage of plan members in fully insured plans hurt earnings.
- The number of Medicare supplement coverage holders increased 6%.
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