More on UnitedHealth (UNH) Q2: net profit +7.5% to $1.44B; insurance revenue +11% to $28.33B; Optum segment, which provides services such as technology outsourcing and pharmacy benefits management, +21% to $8.8B. Consolidated operating margin falls to 7.9% from 8.2%. Consolidated medical-care ratio rises to 81.5% from 81.3%. Served 89.2M people as of June 30 vs 86M in Q1 and 76.6M in Q2 2012. Lifts lower end of 2013 EPS guidance range and now expects $5.35-5.50 vs consensus of $5.44; still forecasts revenue of $122B vs consensus of $122.48B. Shares +0.9%.
UnitedHealth Group Inc designs products, provides services and applies technologies that improve access to health and well-being services, simplify the health care experience and make health care more affordable.