UnitedHealth Group

Largest provider of health insurance.

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Headquarters: 9900 Bren Road East
Minnetonka, MN 55343
Employees: 172,000
CEO: Stephen Hemsley
Stock Symbol: UNH

Website: http://www.unitedhealthgroup.com

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UnitedHealth Group is the nation's largest provider of healthcare insurance and services.

UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services.

Through its businesses, UnitedHealth Group serves more than 88 million people worldwide.

In 2014, United Healthcare reported revenue of $130.5 billion, up 7% from the previous year, and net income of $5.6 billion. The company estimates revenues in 2015 from $140 to $141 billion.

The company served 44.9 milion commercial and public sector customers at the end of 2014. The company also had 5.1 million Medicare Part D standalone customers.

History

In 1974, Charter Med Incorporated is founded by a group of physicians and other health care professionals who want to expand health coverage options for consumers.

United HealthCare Corporation is created in 1977 and acquires Charter Med Incorporated. The company goes public in 1984.

United Health acquired Pacificare Health Systems in 2005.

Benefits

Health and Well-Being

  • Medical Plan Coverage with three options including Health Reimbursement Accounts and Health Savings Accounts.
  • Vision Plan Coverage
  • Dental Plan
  • Spending Accounts including a Flexible Spending Account Dependent Care and Commuter Reimbursement.
  • Life Insurance
  • Long and Short Term Disability

Retirement Savings

  • Employee Stock Purchase Plan allows you to buy company stock at a discounted rate.
  • 401(k) Savings Plan offers immediate eligibility with matching contributions as your career develops over time.

Work and Life

  • Paid Time Off (PTO) for personal, sick or vacation time.
  • Paid Company Holidays
  • myuhc.com - our web site for your health care needs, day or night.
  • UnitedHealth Allies helps you save money on health products and services.
  • Solutions for Caregivers to support those caring for others
  • Employee Assistance Program offers 24 hour access and resources for dealing with life’s challenges and changes.
  • Tuition Reimbursement
  • Adoption Assistance Plan
  • Volunteer Support

Updated January 25, 2015