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Insurer UnitedHealth’s 3Q profit jumps 23 percent
San Francisco Chronicle

UnitedHealth Group’s third-quarter net income jumped 23 percent to trump expectations, as preparations for retiring Baby Boomers started to pay off for the nation’s largest health insurer. UnitedHealth also raised its 2012 earnings forecast. The Minnetonka, Minn., company said Tuesday its Medicare and retirement revenue swelled by $1.2 billion, as Medicare Advantage enrollment grew by 400,000 people compared to last year.