UnitedHealth reports a 22.2% rise in quarterly profit

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UnitedHealth reports a 22.2% rise in quarterly profit
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UnitedHealth reported a 22.2% rise in first-quarter profit, driven by strength in its main insurance business and Optum unit.

U.S. health insurer UnitedHealth on Tuesday reported a 22.2% rise in first-quarter profit, driven by strength in its main insurance business and Optum unit, which includes its pharmacy benefit management business.

Net earnings attributable to shareholders rose to $3.47 billion, or $3.56 per share, in the first quarter ended March 31, from $2.84 billion, or $2.87 per share, a year earlier.

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