UnitedHealth Q4 Profit Up 15%

UnitedHealth Group's earnings in the fourth quarter of fiscal year 2013 increased by nearly 15 percent, from approximately $1.24 billion in 2012 to $1.43 billion in 2013, and overall 2013 performance improved by 1.8 percent.

The company reported $31.1 billion in total revenue in the last quarter of 2013, an 8.2 percent increase from $28.8 billion in 2012. UnitedHealthcare, the main subsidiary of UnitedHealth and the largest U.S. health insurer, accounted for most of the fourth-quarter revenue at $28.8 billion. The insurer's enrollment grew by 170,000 people in the fourth quarter and 4.5 million during 2013 overall to more than 45 million people.

For the entire 2013 fiscal year, UnitedHealth brought in $122.5 billion in revenue, up 10.7 percent from 2012, while earnings rose 1.8 percent to 5.63 billion.

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