Health insurer UnitedHealth profit rises 84% on Optum strength By Reuters

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Health insurer UnitedHealth profit rises 84% on Optum strength

Health insurer UnitedHealth profit rises 84% on Optum strength By Reuters


© Reuters. FILE PHOTO: The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake

(Reuters) – UnitedHealth Group Inc (NYSE:) said on Wednesday its quarterly profit rose 84%, helped partly by growth in its Optum unit that includes its drug benefits management business.

Net earnings attributable to shareholders rose to $4.07 billion, or $4.26 per share, in the fourth quarter ended Dec. 31, from $2.21 billion, or $2.30 per share, a year earlier.

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