The owner of UnitedHealthcare reported record full-year revenue but lower profits for 2024, just weeks after the brazen killing of a top executive inflamed the national ire against insurance companies.
UnitedHealth CEO Criticizes U.S. Healthcare System
UnitedHealth's CEO acknowledged discontent with the health care system, but quickly shifted the blame elsewhere.
The CEO of the company whose insurance leader was killed in New York pledged to help fix the health care industry while also defending his business and blaming pharmaceutical companies for driving up healthcare costs with drug prices.
Despite the shocking incident, and subsequent financial loss, the company posted a better-than-expected profit in the final quarter of 2024
UnitedHealth Group CEO Andrew Witty told analysts that the company is positioned well for growth in 2025. This comes just a month after the CEO of its insurance unit was murdered.
Click in for more news from The Hill{beacon} Health Care Health Care   The Big Story UnitedHealth CEO blames drug companies for high costsIn his first public remarks since the murder of
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
UnitedHealth Group has reported quarterly profits of $5.5 billion after tax in its first earnings release since the killing of UnitedHealthcare CEO Brian Thompson in New York City, which sparked a wider debate about the cost of health insurance and medication for the American public.
The UnitedHealth Group leader whose murder in December unleashed a torrent of public frustration and dissatisfaction with the U.S. health care system was pushing for some of the very improvements that critics have been seeking.
UnitedHealth has faced a huge loss of $63 billion in market value since the tragic death of CEO Brian Thompson. This colossal loss has raised concerns over the company’s future and its impact on the healthcare industry.
JPMorgan posts record profits, Lululemon raises guidance, Cogeco kickstarts three-year plan, and UnitedHealth beats expectations.