UnitedHealth Group Incorporated is an American multinational managed healthcare and insurance company based in Minnetonka, Minnesota.
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14 Facts About UnitedHealth
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UnitedHealth Group is the world's seventh largest company by revenue and the largest healthcare company by revenue, and the largest insurance company by net premiums.
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In 2003, UnitedHealth Group acquired Mid Atlantic Medical Services, an insurer serving Maryland, Washington DC, Virginia, Delaware and West Virginia.
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Also in 2003, UnitedHealth Group acquired Golden Rule Financial, a provider of health savings accounts.
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UnitedHealth acquired Prescription Solutions, another pharmacy benefit manager, as part of its acquisition of PacifiCare Health Systems.
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In July 2009, UnitedHealth Group agreed to acquire Health Net's Northeast licensed subsidiaries for up to $570 million in payments spread out over two years.
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On June 19,2019, UnitedHealth acquired the online patient community platform PatientsLikeMe for an undisclosed amount and it will be incorporated into UnitedHealth Group's research division.
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UnitedHealth announced in March 2022 that it would acquire LHC Group for $5.
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UnitedHealth Group hired seven different lobbying firms to work on its behalf in 2010.
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QSSI, a subsidiary of UnitedHealth Group, is one of the 55 contractors hired by United States Department of Health and Human Services to work on the HealthCare.
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11.
UnitedHealth acknowledged the appearance of a conflict of interest but admitted no wrongdoing.
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On January 15,2009, UnitedHealth Group announced a $350 million settlement of three class action lawsuits filed in Federal court by the American Medical Association, UnitedHealth Group members, healthcare providers, and state medical societies for not paying out-of-network benefits.
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UnitedHealth was barred from serving as an officer or director of a public company for ten years.
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The Justice Department said that UnitedHealth knew that access to claims would give it a view into rival health plans at Humana, Anthem Inc, CVS Health, Aetna, and Cigna.
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