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UnitedHealth tops Street 2Q forecasts, raises forecasts
San Francisco Chronicle

UnitedHealth juiced up its business outside health insurance in a better-than-expected second quarter while key competitors scrambled to add enrollment in a wave of mega-mergers sweeping the sector. The nation’s largest health insurer said Thursday that operating earnings climbed about 19 percent to $864 million for its Optum business segment, which provides pharmacy benefits management and technology services, among other products. That contributed to 13 percent overall profit growth in the quarter and another earnings forecast increase for the company.