UnitedHealth Group: Coverage or Gas?
Health Insurance or Gas? UnitedHealth Group, the biggest US medical insurer,
reported earnings that were two cents short of estimates, and lowered its full year 2008 earnings guidance.
Net income +7.2%; revenue +6%; earning projects were slashed 13% as sales to employers and individuals faltered.
Enrollment in health plans declined by 530,000. Stock has fallen 11% to a 52-week low, bringing its four month decline to a total of 43%.
reported earnings that were two cents short of estimates, and lowered its full year 2008 earnings guidance.
Net income +7.2%; revenue +6%; earning projects were slashed 13% as sales to employers and individuals faltered.
Enrollment in health plans declined by 530,000. Stock has fallen 11% to a 52-week low, bringing its four month decline to a total of 43%.
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