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UnitedHealthcare (UHC) is an insurance and managed care company with four main divisions: UnitedHealthcare Employer and Individual – provides health benefit plans and services for large national employers and individuals. UnitedHealthcare Medicare and Retirement – provides health and well-being services to individuals age 65 and older. [80]
[4] [5] UnitedHealthcare insures 49 million Americans and generated $281 billion in revenue for the 2023 fiscal year. [31] Under his leadership, UHC's profits increased from $12 billion in 2021 to $16 billion in 2023. [32] At the time of Thompson's death, the company was the largest health insurer in the United States. [33]
UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New York City on Dec. 4. Luigi Mangione, 26, of Towson, Md., was arrested for the murder days after the attack.
Jan 2021: UnitedHealth Group announces acquisition of Change Healthcare LLC, evaluated to worth $8 billion, in addition to paying off its $5 billion debt for a total of $13 billion. [13] It is said to be merged with OptumInsight. Aug 2021: UnitedHealth Group announces acquisition of Solutran LLC. [14]
Andrew Witty, the CEO of UnitedHealth Group, the corporate parent of UHC, said as much in a video address to his 440,000 employees in the days after Thompson’s killing. “Our role is a critical ...
Noel will take charge at UnitedHealthcare, the largest U.S. health insurer that provides benefits to more than 50 million Americans, at a critical moment. The health insurance industry, on the ...
NYPD, FBI offer a combined $60,000 for UnitedHealthcare shooter. ... they would then determine how much money the information provided by the employee is worth, up to but likely not totaling the ...
McGuire remained as chief executive officer through December 1, and was succeeded by Stephen Hemsley (then president and chief operating officer, and a member of the board of directors). From 1989 until 2006, McGuire received compensation from UnitedHealth in the form of stock options that eventually became worth around $1.6 billion. [5]