About UnitedHealth Group Incorporated (UNH)

Company Description:

UnitedHealth Group Incorporated is a diversified health care company dedicated to improving health care access, affordability, outcomes, and experiences worldwide. It operates through two distinct platforms, UnitedHealthcare, providing health care coverage and benefits services, and Optum, which provides information and technology-enabled health services.

UnitedHealth Group was founded in 1977 and has since grown into a multinational leader in health care, currently headquartered in Minnetonka, Minnesota, United States.

Main Product(s):

UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms:

• UnitedHealthcare: Includes a wide range of health insurance products and services for individuals and groups.
• Optum: Provides health information technology services, pharmacy care services, and other health-related services.

Short History of UnitedHealth Group Incorporated:

• 1977 – UnitedHealth Group was established.
• 1984 – The company went public.
• 1998 – UnitedHealthcare acquires HealthPartners of Arizona.
• 2006 – The acquisition of PacifiCare Health Systems.
• 2017 – Optum acquires Advisory Board Co.’s health care business.
• 2019 – UnitedHealth Group named Andrew Witty as president.