UnitedHealth Profit Meets Estimates as Cost Rise Contained
This article is for subscribers only.
UnitedHealth Group Inc., the biggest U.S. medical insurer, reported earnings that matched analyst estimates, as higher premiums and a surge in enrollment outweighed rising medical costs.
Fourth-quarter earnings of $1.20 a share met the average of 19 analyst estimates tracked by Bloomberg. Enrollment increased as the Minnetonka, Minnesota-based insurer added 6.4 million members after a Brazilian acquisition, according to a company statement today.