Health Care Providers and Services Stephen Hemsley

  • "2016 is off to a strong start, considerably stronger than 2015," Chief Executive Officer Stephen Hemsley said during a conference call with investors. UnitedHealth said it booked $245 million of losses in the fourth quarter on its individual exchanges business, for a total of $720 million in losses booked in 2015. It also set aside $95 million in reserves to help...

  • NEW YORK, Dec 1- UnitedHealth Group Inc's chief executive officer on Tuesday defended the company's possibly exiting the Obamacare health insurance exchanges in 2017, citing losses on health plans it said were designed to succeed. UnitedHealth last month warned of mounting losses and said it might pull out of the exchanges. That news surprised investors,...

  • *UnitedHealth to decide next year whether to leave exchanges. Nov 19- UnitedHealth Group Inc, the largest U.S. health insurer, warned on Thursday that it might stop selling individual health plans on the Obamacare exchanges in 2017, citing weak enrollment and high medical costs for people who did sign up. UnitedHealth's comments raise new questions about the...

  • *Cuts 2015 EPS view to $6 from $6.25- $6.35. Nov 19- UnitedHealth Group Inc, the largest U.S. health insurer, cut its full-year profit forecast due to continued pressure on its Obamacare plans for individuals, and said it was evaluating to what extent it would continue to offer these plans in 2017.. UnitedHealth had said in October that costs for these plans had dented...

  • Nov 19- Health insurer UnitedHealth Group Inc cut its full-year profit forecast due to continued pressure on its Obamacare plans for individuals, and said it was evaluating to what extent it can continue to offer these plans in 2017.. "In recent weeks, growth expectations for individual exchange participation have tempered industry wide... so we are taking this...

  • Nov 19- Health insurer UnitedHealth Group Inc on Thursday cut its full-year profit forecast due to continued pressure on its individual plans, which are sold on exchanges created under the U.S. The company said it now expects to earn $6 per share this year, down from its previous estimate of $6.25- $6.35 per share. "In recent weeks, growth expectations for...

  • UnitedHealth Plans to Keep Some Obamacare Elements Monday, 11 Jun 2012 | 12:25 PM ET
    American healthcare reform

    Insurer UnitedHealth Group sees some parts of the health-care overhaul as sound medicine.  Here's what provisions will remain  regardless of whether the law survives an upcoming Supreme Court ruling.