UnitedHealth Group, based in Hopkins, Minnesota, employs 440,000 people and operates two main businesses: Optum and UnitedHealthcare, providing health care coverage and consultancy services. UnitedHealthcare offers various health benefits for individuals, employers, and Medicare-eligible consumers.
UNH has been in the news recently: UnitedHealth Group's stock increased by over 7% following the announcement of a 5.06% Medicare Advantage rate increase, which is expected to enhance funding by $25 billion. This rise in stock price occurred alongside a similar surge in Humana's shares, which rose over 13% after the same Medicare payment rate announcement.
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