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Health insurance stocks remain under pressure after the shooting of UnitedHealthcare executive Brian Thompson last week. Oscar Health CEO and former Aetna CEO Mark Bertolini reacts.
Mark Bertolini, former Aetna CEO and current chief executive of Oscar Health, said Americans’ frustration with insurance systems is justified. Employer-sponsored health insurance, which insured ...
Aetna, Humana, Anthem and Cigna cited the Affordable Care Act, popularly known as Obamacare, which was passed by Congress in 2010 to significantly expand access to affordable health insurance.
Under his leadership, UHC's profits increased from $12 billion in 2021 to $16 billion in 2023. [31] At the time of Thompson's death, the company was the largest health insurer in the United States. [32] UnitedHealthcare has repeatedly faced criticism for its approach to handling claims. [33]
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.
Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.