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United Healthcare is popular for small businesses, offering comprehensive plan options and a large provider network. Features include: Access to one of the largest provider networks in the U.S.
The Small Business Health Options Program (SHOP) Marketplace helps small businesses to provide health coverage to their employees. Therefore, it is open to employers with 50 or fewer full-time equivalent employees (FTEs), in which it also includes non-profit organizations. [2] According to the HealthCare.gov, the benefit of SHOP Marketplace ...
Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. [4] UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024.
Optum was formed as a subsidiary of UnitedHealth Group in 2011 by merging UnitedHealth Group’s existing pharmacy and care delivery services into the single Optum brand, comprising three main businesses: OptumHealth, OptumInsight and OptumRx. [2] In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits. [3]
Recently, these medical savings are used to pay for health care financing due to the exigencies of emergency spending due to the pandemic, and thus to avoid deficit funding by the government (Reference: COVID-19 poses challenges in healthcare financing, Straits Times, May 27, 2020 ).
The cyberattack began on Feb. 21 against Change Healthcare, which is a health care technology company that is part of Optum and owned by UnitedHealth Group, according to the American Hospital ...
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