(Bloomberg) — UnitedHealth Group Inc., the biggest U.S. health insurer, raised its 2012 profit forecast as enrollment in its plans surged in the third quarter and medical costs stayed stable.
Earnings may reach $5.20 to $5.25 a share this year, the Minnetonka, Minn.-based company said in a statement this week. That would miss the $5.28 average of seven analyst estimates compiled by Bloomberg. The insurer also said its quarterly earnings rose 23% to $1.50 a share, or 5 cents higher than in a preliminary report it gave last week.
Register or login for access to this item and much more
All Employee Benefit News content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access