As the Medicaid and Medicare markets continue to grow, Mr. Hemsley expects the costs of the healthcare overhaul associated with the PPACA to lessen, according to the report.
For 2015, UnitedHealth expects its revenue to be between $140.5 billion and $141.5 billion. If the company lands at the top end of its earnings guidance for next year, UnitedHealth would experience “double-digit growth compared with 2014,” according to the report.
Moving forward, Mr. Hemsley said, “For 2016, given our momentum and the diminishing effects of the (federal health law), I would be disappointed if we were not solidly above that 2015 pace,” according to the report.
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