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Last $117.28 USD
Change Today -0.49 / -0.42%
Volume 3.3M
UNH On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

UnitedHealth Group Center

9900 Bren Road East

Minnetonka, MN 55343

United States

Phone: 952-936-1300

Fax:

UnitedHealth Group Incorporated operates as a health and well-being company. Segments The company offers a spectrum of products and services through two platforms, such as UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. Its two business platforms have four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. UnitedHealthcare segment This segment includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, and UnitedHealthcare Global. This segment provides health care benefits to a range of customers and markets. In the United States, UnitedHealthcare arranges for discounted access to care through networks that include a total of approximately 850,000 physicians and other health care professionals, and approximately 6,100 hospitals and other facilities. UnitedHealthcare Employer & Individual UnitedHealthcare Employer & Individual serves employers ranging from sole proprietorships to large, multi-site and national employers; public sector employers; students; and other individuals, as well as serves the nation’s active and retired military and their families through the TRICARE program. UnitedHealthcare Employer & Individual offers a range of consumer-oriented health benefit plans and services for large national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members in the TRICARE west region. UnitedHealthcare Employer & Individual provided approximately 29 million Americans access to health care as of December 31, 2014. UnitedHealthcare Employer & Individual, through its risk-based product offerings, assumes the risk of both medical and administrative costs for its customers in return for a monthly premium, which is a fixed rate per individual served for a one-year period. When providing administrative and other management services to customers that elect to self-fund the health care costs of their employees and employees’ dependents, UnitedHealthcare Employer & Individual receives a fixed monthly service fee per individual served. These customers retain the risk of financing medical benefits for their employees and employees’ dependents, while UnitedHealthcare Employer & Individual provides services, such as the coordination and facilitation of medical and related services to customers, consumers, and health care professionals; the administration of transaction processing; and access to a contracted network of physicians, hospitals, and other health care professionals, including dental and vision. UnitedHealthcare Employer & Individual also offers various insurance options for purchase by individuals, including students, which are designed to meet the health coverage needs of these consumers and their families. UnitedHealthcare Employer & Individual distributes its products through consultants or direct sales in the larger employer and public sector segments. In the smaller group segment of the commercial marketplace, UnitedHealthcare Employer & Individual’s distribution system consists primarily of direct sales and sales through collaboration with brokers and agents. UnitedHealthcare Employer & Individual also distributes products through wholesale agents or agencies that contract with health insurance carriers to distribute individual or group benefits and provide other related services to their customers. In 2014, UnitedHealthcare Employer & Individual launched UnitedHealthcare Marketplace, a new shopping platform for employers seeking to offer their employees flexibility and a choice of UnitedHealthcare plans. In 2014, UnitedHealthcare Employer & Individual participated in 13 state public health care exchanges, including 4 individual and 9 small group exchanges. In 2015, the company was participating in 23 individual and 12 small group state public exchanges. UnitedHealthcare Employer & Individual emphasizes local markets and leverages its national scale to adapt products to meet specific local market needs. UnitedHealthcare Employer & Indivi

 

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