UnitedHealth Group Inc
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Health Care : Health Care Providers & Services | Large Cap Blend
Company profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum. UnitedHealthcare provides healthcare benefits to an array of customers and markets, and includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, and UnitedHealthcare Global businesses. Optum is a health services business serving the healthcare marketplace, including payers, care providers, employers, governments, life sciences companies and consumers, through its OptumHealth, OptumInsight and OptumRx businesses. OptumInsight provides services, technology and healthcare solutions to participants in the healthcare industry. OptumRx provides retail network contracting, purchasing and clinical solutions.

Closing Price
$311.85
Day's Change
13.77 (4.62%)
Bid
--
Ask
--
B/A Size
--
Day's High
314.28
Day's Low
300.50
Volume
(Heavy Day)
Volume:
5,554,303

10-day average volume:
4,299,721
5,554,303

UnitedHealth Group Commits Initial $50 Million to Combat COVID-19 and Support Affected Communities

2:00 pm ET March 26, 2020 (BusinessWire) Print

UnitedHealth Group (NYSE: UNH) will invest an initial $50 million to fight the COVID-19 pandemic and support those most directly impacted by the public health emergency, including health care workers, hard-hit states, seniors and people experiencing food insecurity or homelessness.

"As this unprecedented public health emergency rapidly evolves, we must take bold actions to support those in need and combat the COVID-19 virus," said Dave Wichmann, chief executive officer of UnitedHealth Group. "This initial investment of $50 million will support that effort, as we continue to mobilize the full strength of our resources, deep clinical expertise, and compassionate team to deliver the best care for patients, support our members and care providers, and deliver innovative solutions that will benefit the entire health care system."

Through several national and local partnerships that will be announced in the coming weeks, UnitedHealth Group and the United Health Foundation will invest approximately:

$30 million in efforts to protect and support health care workers. $10 million to support states where COVID-19 is having an outsized impact, starting with New York, New Jersey, Washington, California and Florida. $5 million to address social isolation among seniors. $5 million to provide care and support for people experiencing food insecurity or homelessness.

UnitedHealth Group is also organizing and matching employee donations dollar for dollar to support the COVID-19 response efforts.

"We are partnering with leading industry and non-profit organizations to ensure resources are deployed quickly and effectively to accelerate the efforts to fight COVID-19 and provide support for those most impacted by this global health crisis," Wichmann continued.

About UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping to make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200326005595/en/

SOURCE: UnitedHealth Group

Eric Hausman
952-936-3963
Eric.Hausman@uhg.com

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