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The company's full-year profit sank 36% to $14.4 billion in 2024 after climbing every year for nearly a decade. The bottom line was hurt partly by costs tied to a massive cyberattack that hit its ...
The company’s full-year profit, which had climbed every year for nearly a decade, sank 36 percent to $14.4 billion in 2024. ... was carrying a notebook expressing hostility toward the health ...
United reported $400 billion in full-year revenue for 2024, up 8% year over year. And despite the hit to profits last year from the Change Healthcare cyberattack, the company logged $14 billion in ...
A survey conducted a few weeks after the shooting found that most Americans believe health insurance profits or coverage denials bear some responsibility for Thompson’s death. Shares of UnitedHealth, a component of the Dow Jones Industrial Average, sank after Thompson’s shooting and fell about 4% on the year.
In 1994, BCBS changed to allow its licensees to be for-profit corporations. [7] During 2010, Health Care Service Corporation, the parent company of BCBS in Texas, Oklahoma, New Mexico, Montana and Illinois, nearly doubled its income to $1.09 billion in 2010, and began four years of billion-dollar profits. [14]
Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. [4] UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024.
Health insurance costs are a major factor in access to health coverage in the United States. The rising cost of health insurance leads more consumers to go without coverage [1] and increase in insurance cost and accompanying rise in the cost of health care expenses has led health insurers to provide more policies with higher deductibles and other limitations that require the consumer to pay a ...
Roughly 3 in 10 in the poll say immediate family or close friends have experienced problems getting coverage from their health insurer in the last year. Americans under 30 are among the most likely to say they don’t have health insurance. Most Americans get health coverage through their job or by purchasing individual policies.