The nation’s leading health insurers are experiencing an embarrassment of profits. Some of the largest companies, including Anthem, Humana and UnitedHealth Group, are reporting second-quarter earnings that are double what they were a year ago. And while insurance profits are capped under the Affordable Care Act, with the requirement that consumers should benefit from such… Continue reading Major U.S. Health Insurers Report Big Profits, Benefitting from the Pandemic
Tag: health insurance profits
UnitedHealth Raises Profit View as Revenue from Pharmacy Benefits Grows
UnitedHealth Group Inc on Tuesday raised its 2019 earnings forecast for the third time this year, bolstered by higher revenue at its unit that manages pharmacy benefits as well as its core health insurance business. Shares of the company, which also beat Wall Street profit estimates for the quarter, rose 2.9% to $227 in premarket… Continue reading UnitedHealth Raises Profit View as Revenue from Pharmacy Benefits Grows