After Bernie’s tweet, UnitedHealth’s CEO describes 'wholesale disruption' of medicare for all
UnitedHealth Group Inc. signage stands in front of company headquarters in Minnetonka, Minnesota, U.S., on Wednesday, March 9, 2016. UnitedHealth Group Inc.'s OptumRx unit struck an agreement to ease customers' access to drugs through Walgreens BootsUnitedHealth Group CEO David Wichmann said the health plan has long favored universal coverage but not through certain Medicare for All proposals that would eliminate the private insurer's role.
“Meaningful progress in health care lies in national and state leaders continuing to work collaboratively with the innovative and proven private sector solutions to achieve the goals we all want — a modern, reliable, informed and aligned health care system that offers the access, choice and coverage protections people seek at a fair cost to the individual and society as a whole,” Wichmann said on UnitedHealth’s first quarter earnings call Tuesday morning.
Buoyed by growth of its insurance businesses including Medicare Advantage, UnitedHealth's first quarter revenues rose 9.3% to $60.3 billion. And earning from operations increased 19.2% to $4.8 billion,Medicare Advantage plans contract with the federal government to provide extra benefits and services to seniors, such as disease management and nurse help hotlines, with some also providing vision and dental care and wellness programs.
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