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UnitedHealth upbeat on growth, copes with Medicare cuts

Started by riky, July 19, 2013, 09:00:19 AM

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riky

UnitedHealth upbeat on growth, copes with Medicare cuts

<p><a href="http://news.yahoo.com/unitedhealth-upbeat-growth-copes-medicare-cuts-162957606.html"><img src="http://l1.yimg.com/bt/api/res/1.2/J44Hov8t9REgEqKetbfDOg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-18T171134Z_1_CBRE96H1BRD00_RTROPTP_2_UNITEDHEALTH-RESULTS.JPG" width="130" height="86" alt="UnitedHealth Chief Executive Officer Hemsley takes part in a panel discussion titled &quot;Getting Care to Cure&quot; at the Milken Institute Global Conference in Beverly Hills in this file photo" align="left" title="UnitedHealth Chief Executive Officer Hemsley takes part in a panel discussion titled &quot;Getting Care to Cure&quot; at the Milken Institute Global Conference in Beverly Hills in this file photo" border="0" /></a>By Caroline Humer (Reuters) - UnitedHealth Group Inc posted a bigger-than-expected rise in quarterly profit as it enrolled more people in private and government-sponsored health insurance plans and said it expects long-term growth after U.S. healthcare reform takes effect. Shares rose nearly 6 percent on Thursday as the company said it was &quot;strongly positive&quot; about the future despite near-term challenges tied to decreased funding for its privately run Medicare Advantage health plans for seniors and costs related to President Barack Obama's healthcare law. UnitedHealth, the largest U.S. ...</p><br clear="all"/>

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