Filed Under:Health Insurance, Individual Health

UnitedHealth Reports Flat Earnings

UnitedHealth Group Inc. earned about as much during the latest quarter as it did in the comparable quarter in 2010, but it is beginning to see the new federal medical loss ratio (MLR) rules affecting results.

UnitedHealth, Minnetonka, Minn. (NYSE:UNH), is reporting $1.271 billion in net income for the third quarter on $25 billion in revenue, compared with $1.277 billion in net income on $24 billion in revenue for the third quarter of 2010.

the company’s performance.

The PPACA MLR rules now require UnitedHealth and its competitors to spend at least 85% of large group revenue and 80% of individual and small group revenue on health care and quality improvement efforts. If UnitedHealth MLR levels fall below those minimums, the company must pay rebates to its customers.

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Nichole Morford

Nichole Morford
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