News Headlines Article

UnitedHealth lifts 2012 outlook as health costs stay stable
Los Angeles Business Journal

UnitedHealth Group posted a 23 percent gain in third-quarter earnings Tuesday, better than analysts had expected. It also lifted its full-year outlook in a sign that the insurer expects health costs to stay stable even as unemployment drops. The Wall Street Journal reports that Minnetonka, Minn.-based UnitedHealth reported a profit of $1.56 billion, or $1.50 a share, up from $1.27 billion, or $1.17 per share in the year-ago period. Revenue rose 8 percent to $27.3 billion. (You can read the full release here.)