UnitedHealth Group Incorporated operates as a diversified health and well-being company. The company offers a spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. Segments The company’s two business platforms have four segments: UnitedHealthcare, which includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, and UnitedHealthcare Global; OptumHealth; OptumInsight; and OptumRx. UnitedHealthcare segment This segment offers health benefits to a range of customers and markets. In the United States, UnitedHealthcare arranges for discounted access to care through networks that include 1 million physicians and other health care professionals, and approximately 6,000 hospitals and other facilities. UnitedHealthcare Employer & Individual UnitedHealthcare Employer & Individual offers a range of consumer-oriented health benefit plans and services nationwide 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 provides access to medical services for approximately 30 million people on behalf of its customers and alliance partners. This includes approximately 190,000 employer customers across all 50 states. 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 typically 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 coordination and facilitation of medical and related services to customers, consumers and health care professionals, 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’s UnitedHealth Premium program is a physician quality and efficiency designation program in the industry, making it easier for consumers to access care. UnitedHealthcare Employer & Individual has relationships with network care providers that integrate data and analytics, implement value-based payments and care management programs, and enable the company to jointly better manage health care across populations. 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. UnitedHealthcare Employer & Individual also distributes its products through professional employer organizations, associations, and private equity relationships, as well as through both multi-carrier and its own proprietary private exchange marketplaces. UnitedHealthcare Marketplace is a shopping platform for employers seeking to offer their employees flexibility and a choice of UnitedHeal
unitedhealth group inc (UNH:New York)
UnitedHealth Group Center
9900 Bren Road East
Minnetonka, MN 55343
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for UNH.|
|View Industry Companies|
Sponsored Financial Commentaries
Only a company representative may request an update for the company profile. Documentation will be required.
To contact UNITEDHEALTH GROUP INC, please visit www.unitedhealthgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.