UnitedHealth Group Inc. said profit for the second quarter rose as the company accounted for the deferral of care due to the coronavirus pandemic, though it expects results to be tempered in quarters ahead by the pandemic’s cost and economic effects.
The parent of the nation’s largest health insurer posted net income of $6.64 billion, or $6.91 a share, compared with $3.29 billion, or $3.42 a share, in the same period last year. Adjusted earnings were $7.12 a share.
Source: News Formal (newsformal.com)
Of course profits rose. Hospitals and clinics were empty for four months when non-essential healthcare was cancelled (even cancer biopsies and scans. United should refund customer premiums.
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