UnitedHealth Group Inc (UNH) is an American company that provides health care insurances.
The company operates in various fields, such as providing health care coverages, software, and consultancy services related to the healthcare sector.
The healthcare insurance provider operates and manages its business through different units, such as the UnitedHealthcare unit, OptumHealth, OptumInsight, and OptumRx.
The UnitedHealthcare Segment:
The company uses Uptum's facilities to help and coordinate patient care, improve the affordability of medical care and treatment, analyze cost trends, and manage pharmaceutical benefits through this unit. In addition, this segment also focuses on the work of effective care providers and thus makes sure of a smooth and straightforward consumer experience.
The Optum Health Segment:
This segment primarily provides and looks after the health care business to a wide range of marketplaces, including payers, care providers, health care employers, government policies, life science and health care companies, and consumers.
The Optum Insight Segment:
The company operates and deals with data and analytics, health care technologies and provides the essential information to help the essential participants in the healthcare industry through this unit.
The Optum Rx Segment:
The firm focuses on and provides all the services related to pharmacies through this unit.
The company was founded in January 1977 by Richard T. Burke. Headquartered in Minneapolis, Minnesota, the United States, the company has an employee strength of more than 320,000.
The company is a leading and one of the largest health insurance companies in the United States.
As per the report of 2020, the United Health Care group was the second-largest company in the health care sector and the largest insurance provider company in terms of their net premium in the United States.
The company is listed on New York Stock Exchange and trades under the ticker 'UNH'.
It is also among Dow Jones Industrial Average (DJIA), S&P 500, and S&P 100 components.
Some of their achievements are-
Ranked #222 in Best Employers for New Grads 2021
Ranked #21 in Global 2000 2021
Ranked #94 in Just Companies 2020
Ranked #12 in America's Largest Public Companies in 2018