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April 22, 2011 at 08:00 PM
UnitedHealth Group Inc., Minnetonka, Minn. (NYSE:UNH)
1Q 2011 Results
NET INCOME: $1.3 billion
HEALTH PLAN MEMBERS: 34 million
REVENUE: $25 billion
1Q 2010 Results
NET INCOME: $1.2 billion
HEALTH PLAN MEMBERS: 32 million
REVENUE: $23 billion
- During the depths of the recession, commercial plan enrollment was soft. During the first quarter, enrollment in self-insured, fee-based health plans increased about 5.6%, to about 16 million. Enrollment in insured commercial plans increased 3.5%, to 9.5 million.
- Medicare Advantage plan enrollment increased 8%, to 2.2 million. And Medicare supplement plan enrollment increased 5%, to 2.8 million.
- The ratio of medical costs to revenue for commercial customers fell to 78.6% during the first quarter, from about 82.6% during the first quarter of 2010.
