UNH Stock Recent News

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) to UnitedHealth Group Incorporated's (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued senior unsecured notes. (See detailed list below.) The outlook assigned to these Credit Ratings (ratings) is stable. The proceeds from UnitedHealth Group's recent $12 billion debt issuance are expected to be used for general corporate purposes, including repayment of outstandi.

UnitedHealth (UNH) is navigating its challenges effectively, maintaining a positive outlook for the future while demonstrating a strong commitment to its clients and shareholders.

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UnitedHealth Group shares rallied despite the continued effect of a cyberattack and medical care ratio pressures. However, the worst appears to be behind the company.

UnitedHealth Group (NYSE: UNH) recently reported its Q2 results, with revenues slightly below and earnings exceeding our expectations. The company reported revenue of $98.6 billion and adjusted earnings of $6.80 per share, compared to our estimates of $99 billion and $6.75, respectively.

--(BUSINESS WIRE)--UnitedHealthcare Community Plan of Rhode Island has been selected by the State of Rhode Island to serve Medicaid members through the Medicaid Managed Care Services (MMCS) program. UnitedHealthcare has served Rhode Islanders through the MMCS program since 1993; this contract award will continue to provide access to UnitedHealthcare coverage and services through 2030. Rhode Island's MMCS program includes Rite Care, expansion, ABD populations, children in foster care and individ.

UnitedHealth Group (UNH) reported better-than-expected second-quarter 2024 results as it breezed past the Zacks Consensus Estimate on both earnings and revenues.