UnitedHealth profits slip slightly in fourth quarter [Star Tribune (Minneapolis)]
|By Jackie Crosby, Star Tribune (Minneapolis)|
|McClatchy-Tribune Information Services|
Overall revenue rose 11 percent to
United maintained its full-year forecast for 2013 earnings of
In a research report, Leerink Swann analyst
As the first insurer to report earnings every quarter, United is considered a indicator for the health care sector, particularly as health reform efforts roll out.
Shares were up less than 1 percent to
Enrollment grew to 40.9 million, a boost of almost a fifth. About 4 million of the gains came from
"We continued to gain market share and broadened our revenue and earnings growth sources," CEO
Earnings for United's health services division, Optum, climbed 65 percent with higher-margin products and cost-reduction efforts.
For the year,
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