Thursday, July 19, 2007

UnitedHealth posts higher quarterly profit

(Reuters) - The Minneapolis-based company, the No. 1 U.S. health
insurer by market value, has largely emerged from a
stock-option scandal that plagued it last year. But operational
missteps -- including cuts to its Medicare forecasts and
worrisome medical cost trends -- have spooked investors.




Shares of UnitedHealth have fallen slightly in 2007,
underperforming a more than 7 percent rise for the S&P Managed
Health Care index , a barometer of large U.S. health
plans.


Read more at Reuters.com Market News

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