UnitedHealth Misses Q4 Revenue Estimates As It Wraps Up A Turbulent 2024

Benzinga

UnitedHealth's fourth-quarter revenue missed Wall Street expectations due to challenges in its health insurance business. The company's annual medical cost ratio, the percentage of premiums spent on medical care — rose to higher than anticipated. UnitedHealth faced significant challenges in 2024, including a cyberattack on its tech division and rising medical costs. The results follow the recent death of its insurance unit CEO, sparking discussions about frustrations with the U.S. health insurance system.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02United Health's fourth quarter revenue missed Wall Street expectations due to challenges in

00:07its health insurance business. The company's annual medical cost ratio, the percentage of

00:12premiums spent on medical care, rose to higher than anticipated. United Health faced significant

00:17changes in 2024, including a cyber attack on its tech division and rising medical costs.

00:23The results followed the recent death of the insurance unit CEO,

00:26sparking discussions about frustrations with the U.S. health system.

00:29For all things money, visit Benzinga.com slash GSTV.

Category

Transcript

Comments

Recommended