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UnitedHealth’s 3Q profit rises 23 percent
San Francisco Chronicle

Insurer UnitedHealth Group Inc. said Tuesday its third-quarter profit jumped 23 percent, propelled in part by premium growth, enrollment gains and moderate health care use.

The Minnetonka, Minn., managed care company also raised its 2010 profit expectation for the second time this year. It now expects earnings per share to range from $3.85 to $3.95, up from a previous forecast of $3.40 to $3.60 per share.