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UnitedHealth 4Q profit slips 1% as costs rise
Modern Healthcare

UnitedHealth Group’s fourth-quarter net income slipped 1%, as a rise in costs from medical claims and other expenses countered revenue gains for the nation’s largest health insurer.

The Minnetonka, Minn., company also said Thursday it was reaffirming a forecast for 2013 earnings it made in November.

The insurer turned in “a solid quarter with few surprises, but less impressive than the company’s performance earlier in the year,” Leerink Swann analyst Jason Gurda said in a research note.

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