UnitedHealth Group

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UnitedHealth Group is an American for-profit managed health care company based in Minnetonka, Minnesota. It offers health care products and insurance services. In 2019, it was the second-largest healthcare company (behind CVS Health) by revenue with $242.2 billion, and the largest insurance company by Net Premiums. UnitedHealthcare revenues comprise 80% of the Group's overall revenue.[1]

Support to Black comunity

Health care giant, UnitedHealth Group announced a $10 million commitment to support George Floyd's children, and Minnesota businesses impacted by civil unrest. UnitedHealth is giving $5 million to the YMCA Equity Innovation Center of Excellence. UnitedHealth employs 20,000 people in Minnesota and is headquartered outside of Minneapolis, where Floyd was killed.[2]

References


  1. McFarlane, Greg. How UnitedHealth Group Makes its Money: Premiums, Fees and Health Service Sales. investopedia.com. Retrieved Feb 1, 2021.
  2. Livingston, Mercey. These are the major brands donating to the Black Lives Matter movement. June 16, 2020. cnet.com. Retrieved February 1, 2021.