By Dow Jones Business News,
January 16, 2014, 06:29:00 AM EDT
By Ben Fox Rubin
UnitedHealth Group Inc.'s ( UNH ) fourth-quarter income improved 15%, as the health insurer's enrollments and revenue
UnitedHealth reported a profit of $1.43 billion, or $1.41 a share, up from $1.24 billion, or $1.20 a share, a year
earlier. Revenue improved 8.2% to $31.12 billion.
Insurers are facing a sea change as a result of the rollout of the new health law and launch late last year of
consumer exchanges. But in the run-up to the launch of the exchanges, health-insurance companies have benefited, as the
tough economy kept many patients away from the doctor's offices and hospitals. Insurers have also helped drive down
costs by directing certain patients to lower-cost treatments, when possible.
UnitedHealth, the biggest managed-care company by revenue, has improved its results recently through membership
growth. At the end of the latest period, UnitedHealth served 88.2 million people compared with 89.7 million in the prior
quarter and 83.7 million a year earlier.
Write to Ben Fox Rubin at email@example.com
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