News Headlines Article

UnitedHealth Profit Jumps as Medicare Rolls Climb
San Francisco Chronicle

UnitedHealth Group Inc., the biggest U.S. insurer by sales, increased its 2010 earnings forecast after first-quarter profit jumped 21 percent on higher Medicare enrollment and lower-than-projected medical costs.

Net income for the quarter rose to $1.19 billion, or $1.03 a share, from $984 million, or 81 cents, a year earlier, Minnetonka, Minnesota-based UnitedHealth said in a statement today.