Published 3 years ago

UnitedHealth profit slumps as COVID-19 costs mount

Summary by Reuters

Health insurer UnitedHealth Group Inc said on Wednesday its quarterly profit fell nearly 38%, weighed by costs related to its programs to make COVID-19 testing and treatment more accessible for its customers. For the most part of last year, health insurers gained as patients avoided hospital visits for routine and elective medical procedures during the height of the pandemic, but the

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News18 India

UnitedHealth Overcomes Pandemic Hit And Tops 4Q Expectations

UnitedHealth is reporting a fourthquarter profit of $2.21 billion, easily beating most expectations despite costs affiliated with the COVID19 pandemic.

3 years ago·India

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Reuters

UnitedHealth profit slumps as COVID-19 costs mount

- Health insurer UnitedHealth Group Inc said on Wednesday its quarterly profit fell nearly 38%, weighed by costs related to its programs to make COVID-19 testing and treatment more accessible for its customers. For the most part of last year, health insurers gained as patients avoided hospital visits for routine and elective medical procedures during the height of the pandemic, but the

3 years ago·United Kingdom

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abc News

UnitedHealth overcomes pandemic hit and tops 4Q expectations

UnitedHealth is reporting a fourth-quarter profit of $2.21 billion, easily beating most expectations despite costs affiliated with the COVID-19 pandemic

3 years ago·United States

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CBS Local

UnitedHealth Tops 4Q Expectations Despite Pandemic Costs

MINNETONKA, Minn. (AP) — UnitedHealth is reporting a fourth-quarter profit of $2.21 billion, easily beating most expectations despite costs affiliated with the COVID-19 pandemic.Per-share earnings were $2.30, but if one-time costs and charges are taken into account, earnings from the Minnetonka, Minnesota, company were $2.52 per share.That’s well above the $2.39 that Wall Street had expected, according to a survey of analysts by Zacks Investment…

3 years ago·United States

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Washington Times

UnitedHealth overcomes pandemic hit and tops 4Q expectations

MINNETONKA, Minn. (AP) - UnitedHealth is reporting a fourth-quarter profit of $2.21 billion, easily beating most expectations despite costs affiliated with the COVID-19 pandemic. Per-share earnings were $2.30, but if one-time costs and charges are taken into account, earnings from the Minnetonka, Minnesota, company were $2.52 per share.That's ...

3 years ago·United States

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MY Northwest

UnitedHealth overcomes pandemic hit and tops 4Q expectations

MINNETONKA, Minn. (AP) — UnitedHealth is reporting a fourth-quarter profit of $2.21 billion, easily beating most expectations despite costs affiliated with the COVID-19 pandemic. Per-share earnings were $2.30, but if one-time costs and charges are taken into account, earnings from the Minnetonka, Minnesota, company were $2.52 per share.That’s well above the $2.39 that Wall Street had expected, according to a survey of analysts by Zacks Investmen…

3 years ago·Tacoma, United States

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