UnitedHealth's fourth-quarter revenue missed Wall Street expectations due to challenges in its health insurance business. The company's annual medical cost ratio, the percentage of premiums spent on medical care — rose to higher than anticipated. UnitedHealth faced significant challenges in 2024, including a cyberattack on its tech division and rising medical costs. The results follow the recent death of its insurance unit CEO, sparking discussions about frustrations with the U.S. health insurance system.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02United Health's fourth quarter revenue missed Wall Street expectations due to challenges in
00:07its health insurance business. The company's annual medical cost ratio, the percentage of
00:12premiums spent on medical care, rose to higher than anticipated. United Health faced significant
00:17changes in 2024, including a cyber attack on its tech division and rising medical costs.
00:23The results followed the recent death of the insurance unit CEO,
00:26sparking discussions about frustrations with the U.S. health system.
00:29For all things money, visit Benzinga.com slash GSTV.