UnitedHealth Group

UnitedHealth Group Inc. is a diversified managed health care company based in Minnetonka, Minnesota, U.S. It is No. 14 on the Fortune 500.[6] UnitedHealth Group offers a spectrum of products and services through two operating businesses: UnitedHealthcare and Optum. Through its family of subsidiaries and divisions, UnitedHealth Group serves approximately 70 million individuals throughout the United States. In 2015, the company reported net income of $8.4 billion
UnitedHealth Group is the parent of UnitedHealthcare, the largest single health carrier in the United States.[7] It was created in 1977, as UnitedHealthCare Corporation (it was renamed in 1998), but traces its origin to a firm it acquired in 1977, Charter Med Incorporated, which was founded in 1974. More informally, it has its origins in the development of the HMO as a model for organized health care and in the work of spokesman Paul Ellwood.[8] In 1979, it introduced the first network-based health plan for seniors. In 1984, it became a publicly traded company. In 2011, J.D. Power and Associates gave UnitedHealthcare the highest employer satisfaction rating for self-insured health plans.[9] In a 2010 insurance industry publication, Business Insurance (magazine), UnitedHealthcare was named "Readers Choice" winner in 2010 for "Best health plan provider".[10] In contrast, a 2010 survey of hospital executives who have dealt with the company, United received a 65% unfavorable rating. While this marks a 33% improvement over the prior year's survey, UnitedHealthcare still ranked last among all listed